Danner Company expects to have a cash balance of $58,050on January 1, 2017. Relevant monthly budget data for the first 2 months of 2017 are as follows.

Collections from customers: January $109,650, February $193,500.

Payments for direct materials: January $64,500, February $96,750.

Direct labor: January $38,700, February $58,050. Wages are paid in the month they are incurred.

Manufacturing overhead: January $27,090, February $32,250. These costs include depreciation of $1,935per month. All other overhead costs are paid as incurred.

Selling and administrative expenses: January $19,350, February $25,800. These costs are exclusive of depreciation. They are paid as incurred.

Sales of marketable securities in January are expected to realize $15,480in cash. Danner Company has a line of credit at a local bank that enables it to borrow up to $32,250. The company wants to maintain a minimum monthly cash balance of $25,800.

Prepare a cash budget for January and February.(Do not leave any answer field blank. Enter "0" for the amounts.)