Hi i need help fixing part B. I have been at it for days and still no luck.

Print by: Nathaniel Sanders OL FA20 White ACC-240-0500:ACC-240-0500 / ACC-240 TOPIC 06 ASSIGNMENT *Problem 13-4 (Part Level Submission) Ayayai Company prepares monthly cash budgets. Relevant data from operating budgets for 2017 are as follows: January February Sales $363,600 $404,000 Direct materials purchases 121,200 126,250 Direct labor 90,900 101,000 Manufacturing overhead 70,700 75,750 Selling and administrative expenses 79,790 35,850 All sales are on account. Collections are expected to be 50% in the month of sale, 30% in the first month following the sale, and 20% in the second month following the sale. Sixty percent (60%) of direct materials purchases are paid in cash in the month of purchase, and the balance due is paid in the month following the purchase. All other items above are paid in the month incurred except for selling and administrative expenses that include $1,010 of depreciation per month. Other data : 1. Credit sales: November 2016, $252,500; December 2016, $323,200. 2 . Purchases of direct materials: December 2016, $101,000. 3. Other receipts: January-Collection of December 31, 2016, notes receivable $15,150; February-Proceeds from sale of securities $6,060. 4. Other disbursements: February-Payment of $6,060 cash dividend. The company's cash balance on January 1, 2017, is expected to be $60,600. The company wants to maintain a minimum cash balance of $50,500. (a) Your answer is correct. Prepare schedules for (1) expected collections from customers and (2) expected payments for direct materials purchases for January and February. Expected Collections from Customers January February November $ 50,500 ST December 196,960 64,640 January 181,800 109,080 February 1202,000 Total collections $ 329,260 $1375,720 Expected Payments for Direct Materials January February December $40,400 ST January 172,720 148,480 February 175,750 Total payments $ 113,120 $ 124,230) Attempts: 4 of 10 used *(b) Your answer is partially correct. Try again. Prepare a cash budget for January and February in columnar form. (Do not leave any answer field blank. Enter 0 for amounts.) AYAYAI COMPANY Cash Budget For the Two Months Ending February 28, 2017 January February $160,600) x (Beginning Cash Balance) 50,500. Add. (Receipts Collections from Customers 1329,260) 1375,720 Notes Receivable 15,150 M Sale of Securities 16,060) Total Receipts 1344,410 1381,780 Total Available Cash 1405,010 432,280 (Less): Disbursements Cash Dividend 16,060 Direct Materials 1 13,120 1124,230 Direct Labor 790,900 101,000 Manufacturing Overhead 170,700 175,750 Selling and Administrative Expenses 78,780 184,840 Total Disbursement 353,500 1391,880 Excess (Deficiency ) of Available Cash Over Cash Disbursements 151,510 40,400 Financing Add . Borrowings Less. Repayments Ending Cash Balance $151,510 Attempts: 7 of 10 used