finished the cash budget for January then complete a full cash budeht for February. will yogi need to borrow cash by the end of February?

\begin{tabular}{l|r|} \hline Total cash payments & 435,620 \\ \hline Ending cash balance before fi nancing & 22,880 \\ Minimum cash balance desired & (10,000) \\ \hline Projected cash excess (deficiency) & 12,880 \\ Financing: & \\ \hline Borrowing & \\ \hline Principal repayments & \\ \hline Total effects of financing \\ \hline Ending cash balance \end{tabular} \begin{tabular}{|c|c|c|} \hline Two Months End & Fe & ruary 28 \\ \hline & & anuary \\ \hline Beginning cash balance & $ & 15,500 \\ \hline Cash receipts & & 443,000 \\ \hline Cash available & & 458,500 \\ \hline Cash payments: & & \\ \hline Purchases of direct materials & & 180,462 \\ \hline Direct labor & & 135,470 \\ \hline \end{tabular} Yogi has $15,500 in cash on hand on January 1 and has collected the following budget data: (Click on the icon to view the budget data.) Assume direct labor costs and manufacturing overhead costs are paid in the month incurred. Additionally, assume Yogi has cash payments for selling and administrative expenses including salaries of $55,000 per month plus commissions that are 2% of sales, all paid in the month of sale. The company requires a minimum cash balance of $10,000. Prepare a cash budget for January and February. Round to the nearest dollar. Will Yogi need to borrow cash by the end of February? Begin by preparing the cash budget for January, then prepare the cash budget for February. (Complete all input fields. Enter a "0" for any zero balances. Round all amounts entered into the cash budget to the nearest whole dollar.) Data table \begin{tabular}{l||r} \hline Purchases of direct materials & 180,462 \\ \hline Direct labor & 135,470 \\ Manufacturing overhead & 54,028 \\ Selling and administrative expenses & 65,660 \\ \hline Total cash payments & 435,620 \\ \hline Ending cash balance before fi-nancing & 22,880 \\ Minimum cash balance desired & (10,000) \\ \hline Projected cash excess (defi-ciency) & 12,880 \\ \hline \end{tabular}