Collections from customers: January $78,200, February $138,000. Payments for direct materials: January $46,000, February $69,000. Direct labor: January $27,600, February $41,400. Wages are paid in the month they are incurred. Manufacturing overhead: January $19,320, February $23,000. These costs include depreciation of $1,380 per month. All other overhead costs are paid as incurred. Selling and administrative expenses: January $13.800. February $18,400. These costs are exclusive of depreciation. They are paid as incurred. Sales of marketable securities in January are expected to realize 511.040 in cash. Coronado Company has a line of credit at a local bank that enables it to borrow up to $23,000. The company wants to maintain a minimum monthly cash balance of $18.400. Prepare a cash budget for January and February CORONADO COMPANY Cash Budget January Februa $ $ CORONADO COMPANY Cash Budget January Februa $