Northeast Auto Parts, a family$-$owned auto parts store, began January with $$10,600$ cash. Management forecasts that collections from credit customers will be $$11,300$ in January and $$14,500$ in February. The

store is scheduled to receive $$8,000$ cash on a business note receivable in January. Projected cash payments include inventory purchases $($ $$15,400$ in January and $$12,700$ in February$)$ and selling and

administrative expenses $($ $$3,500$ each month$).$

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Read the requirements.

Requirement $1.$ Prepare Northeast Auto Parts' cash budget for January and February.

Prepare the cash budget by entering in the labels, then enter in the amounts for January first and February next. $($Complete all input fields. For entries with a $$0$ balance, make sure to enter $"0"$ in the

appropriate cell. Use parentheses or a minus sign when entering a deficiency.$)$