Cummer Company expects to have a cash balance of $ 55,300 on January 1, 2022. These are the relevant monthly bodyer data for the first two months of 2017 1 2. 3. 4. Collections from customers: January $ 80,700, February $ 136,200 Payments to suppliers: January $ 40,600, February $ 51,300 Wages: January $ 35,300, February $ 41,300. Wages are paid in the month they are incurred. Administrative expenses: January $ 25,300. February $ 33,800. These costs Include depreciation of 5 1.100 per month. All other costs are paid as incurred. Selling expenses: January $ 16,700, February 5 23,500. These costs are exclusive of depreciation. They are paid as incurred. Sales of short-term investments in January are expected to realize $ 14,000 in cash. Cullumber has a line of credit at a local bank that enables it to borrow up to $ 43,000. The company wants to maintain a minimum monthly cash balance of $ 27,000 5. 6. Prepare a cash budget for January and February (Do not leave any answer field blank. Enter for amounts) BER COMPANY set onths Ending January 30 and February 28, 2022 January February 35300 33800 Cash Balance 3