C. Following is some additional information for Kelly Clock Company. 1. Fixed selling and administrative expenses are expected to be $40,000 per month. They are paid in the month they are incurred. 2. On February 2nd, the company buys a piece of equipment for $30,000; they pay for it in March. 3. The company maintains a minimum cash balance of $20,000 at the end of each month. 4. Cash on 2/1/18 was $30,000. 5. In February, the company opened a line of credit for $100,000 and immediately borrowed $50,000. 6. All borrowing and repayment is done in increments of $1,000. They want to pay off the loan as soon as possible. Ignore interest for the purpose of this problem. Using the Information from Parts A., B., and C., Prepare a Cash Budget for the months of February and March