Lorch Company prepares monthly cash budgets. Relevant data from operating budgets for 2013 are as follows:

		January		February
Sales		$354,800		$398,700
Direct materials purchases		118,700		109,700
Direct labour		84,640		112,130
Manufacturing overhead		59,560		74,670
Selling and administrative expenses		75,440		79,130

All sales are on account. Lorch expects collections to be 50% in the month of sale, 40% in the first month following the sale, and 10% in the second month following the sale. It pays 30% of direct materials purchases in cash in the month of purchase and the balance due in the month following the purchase. It pays all other items above in the month incurred, except depreciation expenses. Other data are as follows:

1.	Credit sales: November 2012, $206,700; December 2012, $281,400
2.	Purchases of direct materials: December 2012, $88,480
3.	Other receipts: Januarycollection of December 31, 2012, notes receivable $5,130; Februaryproceeds from sale of securities $5,910
4.	Other disbursements: Februarypayment of $21,510 for land.

The company expects its cash balance on January 1, 2013, to be $50,000. It wants to maintain a minimum cash balance of $40,000.

(1) the expected collections from customers. Month November December January February January February ) (2) the expected payments for direct materials purchases. Month December January February January February