Nadia Company expects to have a cash balance of $45,500 on January 1, 2020. Nadia has budgeted the following for the first two months of the year 2020: 1. Collections from customers: January $89,100; February $109,900. 2. Payments to suppliers: January $40,400; February $49,500. 3. Direct labour: January $29.900; February $35,000. Wages are paid in the month they are incurred. 4. 5 6. Manufacturing overhead: January $25,300; February $29.700. Overhead costs are paid as incurred.. Selling and administrative expenses: January $16,100; February $22,000. These costs do not include depreciation and they are paid as incurred Sales of investments in January are expected to realize $9,900 in cash. Nadia Company wants to keep a minimum monthly cash balance of $20,000.