Cooper Company, a retailer of camping supplies has budgeted activity for January using the following data: Cash sales Credit sales (61% 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 55% of Cooper's selling price All purchases are paid in cash Selling and administrative costs are paid in month of purchase $26,800 382,200 45,040 4,690 20,410 21,710 3,000 2,700 Prepare a cash budget for January (Enter cash needed using either a negative sign preceding the number eg. -4,527 or parentheseses. (4,527))