Homework Question Score: 0 of 1 point Save Leichter Auto Parts, a family-owned auto parts store, bogan January with $11,000 cash. Management forecasts that colections from credit customers will be $11,800 in January and $15,000 in February. The store is scheduled to receive $6,000 cash on a business note receivable in January Projected cash payments include inventory purchases (514,400 in January and $13,300 in February) and selling and administrative expenses ($3,400 each month). Click the icon to view additional information about Leichter Auto Parts.) Read the requiremento nts uit wor Requirement 1. Prepare Leichter Auto Parts cash budget for January and February Prepare the cash budget by entering in the labels, then enter in the amounts for January first and February next. (Complete all put od For entries with a $0 balance, make sure to enter "o" in the appropriate coll. Use parentheses or a minus sign when entering a deficiency) Leichter Auto Parts Cash Budget January and February January February Cash available Cash payments Choose from any list or enter any number in the input fields and then click Check Answer Clear All Check Answer Help Me Solve This e Text Pages Get More Help QUUMUHIDI mormation about Leichter Auto Parts.) Read the requirements. its wor aiz Cash available Cash payments: Total cash payments Less: Ending cash balance Choose from any list or enter any number in the input fields and then click Check Answer. Help Me Solve This e Text Pages Get More Help More Info Leichter Auto Parts' bank requires a $10,000 minimum balance in the store's checking account. At the end of any month when the account balance falls below $10,000, the bank automatically extends credit to the store in multiples of $1,000. Leichter Auto Parts borrows as little as possible and pays back loans in quarterly installments of $1,500, plus 6% APR interest on the entire unpaid principal. The first payment occurs three months after the loan. Print Done any number in the input fields and then click Check Answer. Requirements entd -O" 1. Prepare Leichter Auto Parts' cash budget for January and February. 2. How much cash will Leichter Auto Parts borrow in February if collections from customers that month total $14,000 instead of $15,000? Print Done renter any number in the input fields and then click Check Answer Clear