Martin Company expects to have a cash balance of $136,200 on January 1, 2020. Relevant monthly budget data for the first 2 months of 2020 are as follows: Collections from customers: January 5242.100, February $431,400. Payments for direct materials: January $154,800, February $234,000 Direct labor: January 590.100. February $134,900. Wapes are paid in the month they are incurred Manufacturing overheads January $62,600, February $75,700. These costs include depreciation of $5,000 per month all other overhead costs are paid as incurred. Selling and administrative expenses: January 544.100.February $60.500 These costs are exclusive of depreciation. They are paid as incurred Sales of marketable securities in January are expected to realize 336,600 in cash: Martin Company has a line of credit at the local bank that enables it to borrow up to $73.500. The company wants to maintain a minimum monthly cash balance of $61,100 ATTICO Cash Budget For the Months Ending February 2020 January ein Cash balance 136200 Collection from customer Sale of Securit Total Recept Total Available Cash Disbursements Direct Mat CC Direct Labor Manufacturing Overhead Selling and Administrative Experts > > Total Disbursement Manufacturing Overhead Selling and Administrative Expenses Total Disbursements Exces (Deficiency of Available Cash over Cash Disbursements Financing Add : Borrowings Repayments including interest Ending Cash Balance Corally Cash Budget For the Months Ending February 2020 January February tance 136200 ceipt Gustomers cbursements verhead nistrative Expenses ants