Cooper Company, a retailer of camping supplies has budgeted activity for January using the following data: Cash sales Credit sales (55% 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 $27,300 354,100 45,860 5,340 19,360 21,600 2,730 2,400 Prepare a cash budget for January (Enter cash needed using either a negative sin preceding the number ... -4,527 or parentheses .. (4,527).) MUUT OF Durchase Prepare a cash budget for January (Enter cash needed using either a negative sign preceding the number . -4,527 or parentheses .. (4,527).) Click if you would like to show Work for this question: Open Show Works