Martin Company expects to have a cash balance of $137,300 on January 1,2020. Relevant monthly budget data for the first 2 month of 2020 are as follows: - Collections from customers: January $246,300, February $427,500. - Payments for direct materials: January $156,700, February $234,000 - Direct labor: January $90,900, February $134,400. Wages are paid in the month they are incurred. - Manufacturing overhead: January $62,200, February $75,200. These costs include depreciation of $5,000 per month. All other overhead costs are paid as incurred. - Selling and administrative expenses: fanuary $44,800. February $59,100. These costs are exclusive of depreciation. They are paid as incurred. - Sales of marketable securities in January are expected to realize $35,800 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 cash budget for January and February