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 54% of Cooper's selling price All purchases are paid in cash Selling and administrative costs are paid in month of purchase $27.100 395,600 52,530 5,270 22.040 21,380 3.200 2,800 Prepare a cash budget for January (Enter cash needed using either a negative sign preceding the number e.g.-4,527 or parentheses eg. (4,527).)