Lorch Compary prepares monthly cashbudgets. Relevant data from operating budgets for 2021 areas follows: 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. Other data are as follows: 2. Purchutes of dircet materiski Decimioer 2020,591,000 wextinitis sinloc 4. Otherdiskursements February-psyment of 32000 for land The compary eqperts its cathbal ance on fanuay 1,2081 , to be 349000 . Hants to mainta na minimum cash balance of $39,000. (2) the capected payments for dircct materials purchases Preparea cash budzet for Jaruary and Fobruary using columns for each month