Danner Company expects to have a cash balance of $59,985 on January 1, 2017. Helevant monthly budget data for the fir2 months of 2017 are follows Collections from cuntomers January $113 305. February $199,950 Payments for direct material 566.650, February $99.975. Direct labor. Juary 5.30.090. February $59.985. Wapes are paid in the month they are incurred Manufacturing overhead January $27.993. February $33.325. These costs include depreciation of $1.99 per month All other overhead costs are paid as incurred Selling and strative expenses January $19.995 February $24.660. These cents are exclusive of depreciation. They were as incurred Sales of marketable securities in January are expected to realise $15.996 in cash banner Company has a line of credit toch bank that enables it to borrow up to $33.335. The company wants to maintain a minimum monthly cash balance of $26.460. Prepare a cash budget for January and February (Do not have any answer field skenk. Enter for amounts) DANNER COMPANY Cash Budget January Feb live alone alle V V