Indigo Company expects to have a cash balance of $45,810 on January 1, 2017. Relevant monthly budget data for the first 2 months of 2017 are as follows. Collections from customers: January $86,530, February $152,700. Payments for direct materials: January $50,900, February $76,350 Direct labor: January $30,540, February $45,810. Wages are paid in the month they are incurred. Manufacturing overhead: January $21,378, February $25,450. These costs include depreciation of $1,527 per month. All other overhead costs are paid as incurred Selling and administrative expenses: January $15,270, February $20,360. These costs are exclusive of depreciation. They are paid as incurred. Sales of marketable securities in January are expected to realize $12,2 16 in cash. Indigo Company has a line of credit at a local bank that enables it to borrow up to $25,450. The company wants to maintain a minimum monthly cash balance of $20,360. Prepare a cash budget for January and February. (Do not leave any answer field blank. Enter 0 for amounts.) INDIGO COMPANY Cash Budget February January Borrowings Excess (Deficiency) of Available Cash Over Cash Disbursements Collections from Customers Selling and Administrative Expenses Disbursements Direct Materials Ending Cash Balance Manufacturing Overhead Sale of Marketable Securities Repayments Total Receipts Receipts Financing Total Disbursements Total Available Cash Direct Labor Beginning Cash Balance tA +A $ $