Cooper Company, a retailer of camping supplies has budgeted activity for January using the following data: Cash sales Credit sales (56% collected in month of sale) Selling and administrative costs (including depreciation) Depreciation expense Merchandise Inventory, January 1 Merchandise Inventory, January 31 Beginning cash balance Minimum cash balance required Cost of goods sold is 51% of Cooper's selling price All purchases are paid in cash Selling and administrative costs are paid in month of purchase $26.900 349.800 46,760 5.070 21.890 19.180 3.190 2,700 Prepare a cash budget for January (Enter cash needed using either a negative sign preceding the number e.g. -4,527 or parentheses e.g. (4,527).)