Crane Company expects to have a catalance of $47.600 on January 1, 2022. These are the relevant monthly budget data for the first two months of 2017 1. Collections from customers January $65.000. February 5135,800 2. Payments to suppliers: January $47 400, February $50,100 3. Wages: January $34,100, February $40,100. Wages are paid in the month they are incurred. 4. Administrative expenses: January $24,100, February $31,300. These costs include depreciation of $1,100 per month. All other costs are paid as incurred. 5. Selling expenses: January $15.500, February $24,000. These costs are exclusive of depreciation. They are paid as incurred. 6. Sales of short-term investments in January are expected to realize $14.500 in cash. Crane has a line of credit at a local bank that enables it to borrow up to $43,300. The company wants to maintain a minimum monthly cash balance of $25,500. La budget For the Months Ending January 30 and February 28, 2022 January February Save for Later