Company B is preparing its cash budget for the month of January. The budgeted beginning cash balance is $20,000. Budgeted cash receipts total $111,000 and budgeted cash disbursements total $92,000. The desired ending cash balance is $55,000. The company can borrow up to a maximum of $80,000 at any time from a local bank, with interest not due until the following month. The company just paid off its last notes payable in December.

Complete the company's cash budget below:

Company B
Cash Budget
For the Month of January
Beginning cash balance	?
Total Collections (Receipts) from sales	?
Total cash available	?
Total cash disbursements (payments)	?
Cash Surplus (Deficit)	?
Financing:
Borrowingnote	?
Repaymentsnote	?
Interest	?
Total financing	?
Ending cash balance (desired)	?