Lipton Auto Parts, a family-owned auto parts store, began January with $10,000 cash. Management forecasts that collections from credit customers will be $11,000 in January and $14,600 in February. The store is scheduled to receive $7,000 cash on a business note receivable in January. Projected cash payments include inventory purchases ( $14,000 in January and $12,300 in February) and selling and administrative expenses ( $3,500 each month). (Click the icon to view additional information about Lipton Auto Parts.) Prepare the cash budget by entering in the labels, then enter in the amounts for January first and February next. (Complete all input fields. For entries with a $0 balance, make sure to enter "0" in t appropriate cell. Use parentheses or a minus sign when entering a deficiency.) More info Lipton 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. Lipton Auto Parts borrows as little as possible and pays back loans in quarterly installments of $2,500, plus 4% APR interest on the entire unpaid principal. The first payment occurs three months after the loan