Crane Company expects to have a cash balance of $47,700 on January 1, 2022. Relevant monthly budget data for the first 2 months of 2022 are as follows. Collections from customers: January $90,100, February $159,000. Payments for direct materials: January $53,000, February $79,500. Direct labor: January $31,800, February $47,700. Wages are paid in the month they are incurred. Manufacturing overhead: January $22,260, February $26,500. These costs include depreciation of $1,590 per month. All other overhead costs are paid as incurred. Selling and administrative expenses: January $15,900, February $21,200. These costs are exclusive of depreciation. They are paid as incurred. Sales of marketable securities in January are expected to realize $12,720 in cash. Crane Company has a line of credit at a local bank that enables it to borrow up to $26,500. The company wants to maintain a minimum monthly cash balance of $21,200. Prepare a cash budget for January and February