Homework: Chapter 22 Assignment Score: 125 of 5 pts 7 of 20 (18 completo) Hw score: 64.15%, 39.13 of 61 pts S22-11 (similar to) Yam has $14,500 in cash on hand an January 1 and has collactad the tollowing budgat dataz iCick an the lcon to view the budgs Assume dract labor oosts and manutaturing ovarhaad coas paid in the month na rad tionally, assuma Yom has cash payments tr salingand administrativa penses iduding salariesofS65000 per month plscommasons that are 1% of sales, al paid n month of sale. The company noires a minimum cash balanca dS15.00. Pepare a cash b.Ot tor January and Fabnuary. Round to the nat dolar.Wil Yam nead to bomow cash by the and of Fabnuary Bagin by preparing the cash bud attr January, then preparethe cash bu into the cash budgot to the neast whola dollar at 1or Far ny. fConpitoallinutboua Eterartor any 20ro balances. Ro ndalam arts ente ad Cach Budget Two Months Ended January 31 and Fabruary 28 -X January Baginning cash balanc Cash raooipts Cash available Cash paymants January Cah nacipts from austomrs Cash payments for dinct mstorias purchases Dinact labor 531,000 S 564000 42,800 502000 60 752 Purchsses af direct Diact labar 80 462 costs Manufacturing ovarhoad $1,600 per month) Total cash payments Ending cash balanco batone t nancing Print Dana cash balance Projocted cash exc(caf clancy) Financing: Principal repayments Total affacts of nancing Ending cash balanco Enter any numbar in the edit oids and than click Chack Answar