Crane Corporation prepares monthly cash budgets. Here are relevant data from operating budgets for $2025.$

All sales and purchases are on account. Budgeted collections and disbursement data are given below. All other expenses are paid in the

month incurred. Administrative expenses include $$1,300$ of depreciation per month.

Other data.

Collections from customers: January $$333,100$; February $$378,200.$

Payments for purchases: January $$101,800$; February $$141,900.$

Other receipts: January: collection of December $31,2024,$ notes receivable $$18,300$; February: proceeds from sale of

securities $$5,700.$

Other disbursements: February $$12,300$ cash dividend.

The company's cash balance on January $1,2025,$ is expected to be $$48,400.$ The company wants to maintain a minimum cash balance

of $$61,650.$

Prepare a cash budget for January and February. $($List items that increase cash bolance first.$)$

CRANE CORPORATION

Cash Budget

ons from customers

:elvable

lable cash

WHAT IS TEH BEGINNING CASH BALANCE FOR FEBRUARY