CHANTE 22. HOMEwOhi Question 4 Danner Company exoects to have a cachibatanoe ot 546.600 co lenuary 1.2020. Relevart monthly budeet data for the frst 2 months of 2020 are as followm. Colection from customens anuary $01.800. february 5162,000 Piymentifor direct matecishidanuary $54,000. Febiutity $21,000. Manuf acturing Gerhead, January $22.800. February $27000. These conts include depreciation of $1.620 per month Alother overfeideontu are paid as incurred 5ales of marketable securitis in Jaruary are expected to realize $12.980 in cash. Danner Company has a line of trindit at a local tonk that enables it to borrew up to $27.000. The curengriy wanti to maintain im minitam monthly essh balanee of 521,000 Prepare a cash bediget for January and Febinary DANNER COMPANY Cash Budget