Ivanhoe Company expects to have a cash balance of $46,000 on January 1, 2022. Relevant monthly budget data for the first two months of 2022 are as follows: Collections from customers: January $101.000; February $157.000 Payments to suppliers: January $61.000; February $78,000 Direct labour: January $29,000; February $43,000. Wages are paid in the month they are incurred. Manufacturing overhead: January $25.000; February $30.000. These costs include depreciation of $1.000 per month. AIl other overhead costs are paid as incurred. Selling and administrative expenses: January $16,000; February $21,000. These costs are exclusive of depreciation. They are paid as incurred. Sales of marketable securities in January are expected to realize $11.000 in cash. Ivanhoe Company has a line of credit at a local bank. It can borrow up to $28.000. The company wants to keep a minimum monthly cash balance of $28.000. Prepare a Cash budget for January and February