Carla Vista Company expects to have a cash balance of $ 60,650 on January 1, 2017. These are the relevant monthly budget data for the first two months of 2017. 1. Collections from customers: January $ 85,650, February $ 160,650. 2. Payments to suppliers: January $ 54,650, February $ 89,650. 3. Wages: January $ 30,610, February $ 40,610. Wages are paid in the month they are incurred. 4. Administrative expenses: January $ 21,610, February $ 24,610. These costs include depreciation of $ 1,000 per month. All other costs are paid as incurred. 5. Selling expenses: January $ 15,610, February $ 20,610. These costs are exclusive of depreciation. They are paid as incurred. 6. Sales of short-term investments in January are expected to realize $ 12,610 in cash. Carla Vista Company has a line of credit at a local bank that enables it to borrow up to $ 25,000. The company wants to maintain a minimum monthly cash balance of $ 34,650. Prepare a cash budget for January and February. January Februar) $ $ Beginning cash balance Add . Cash receipts V Collections from customers Sale of short-term investments Total receipts Total available cash TANT NO Less Total disbursements Payments to suppliers IN Wages Less . Total disbursements Payments to suppliers Wages > Administrative expenses Cash disbursements > Less Financing Less Borrowings Ending cash balance