Jim Daniels Health Products has eight stores. The firm wants to expand by two more stores and needs a bank loan to do this. Mr. Hewitt, the banker, will finance construction if the firm can present an acceptable threemonth financial plan for January through March. Following are actual and forecasted sales figures: Of the firm's sales, 30 percent are for cash and the remaining 70 percent are on credit. Of credit sales, 20 percent are paid in the month after sale and 80 percent are paid in the second month after the sale. Materials cost 40 percent of sales and are purchased and received each month in an and 80 percent are paid in the second month after the sale. Materials cost 40 percent of sales and are purchased and received each month in an amount sufficient to cover the next month's expected sales. Materials are paid for in the month after they are received or the month of sale. Labour expense is 30 percent of sales and is paid in the month of sales. Selling and administrative expense is 7 percent of sales and is also paid in the month of sales. Overhead is $30,000 in cash per month; amortization expense is $10,400 per month. Taxes of $8,400 will be paid in January and dividends of $4,000 will be paid in March. Cash at the beginning of January is $88,000 and the minimum desired cash balance is $83,000. What is the amount of net cash flow in January?(Do not show dollars in your answer.) What is the amount of borrowings or repayments made in January? What is the ending cash balance in January