February $ 50 Collection pattern month of sale 45 cash balance beginnig of month $ 13 Sales January $40 % one month after 50% uncollectible 5 % Budgeted Expenses supplies $ 20 $1 is for depreciation paid in month of purchase, other one half paid the following month ) equipment $ 5 wages $ 3 minimum cash balance of $ 5 inventory January $40 February $ 30 (one hall Prepare the cash budget for February