Current Attempt in Progr Nadia Company expects to have a cash balance of $45,200 on January 1, 2020. Nadie has budgeted the following for the first two months of the year 2020: 1. Collections from customers: January $90.900; February $108,900. 2. Payments to suppliers: January $39,600; February $50,500. 3. Direct labour: January $29.800; February $35,000. Wages are paid in the month they are incurred. 4. Manufacturing overhead: January $24,900; February $30,300. Overhead costs are paid as incurred. 5. Selling and administrative expenses: January $16,100; February $22,100. These costs do not include depreciation and they are paid as incurred. Sales of investments in January are expected to realize $9.900 in cash. Nadia Company wants to keep a minimum monthly 5. cash balance of $20,000. Prepare a cash budget for January and February. NADIA COMPANY Cash Budget For 2020 January February5