Oriole Company expects to have a cash balance of $96.600 on January 1, 2022. These are the relevant monthly budget data for the first two months of 2022. 1. Collections from customers January $149, 100, February $306,600 2. Payments to suppliers January 584,000, February $157,500 3. Wages January $63.000 February $84000 Wages are paid in the month they are incurred 4. Administrative expenses January $44, 100, February $50,400. These costs include depreciation of $2,100 per month. All other costs are paid as incurred. 5. Selling expenses: January $31.500, February $42.000. These costs we exclusive of depreciation. They are paid as incurred & Sales of short-term investments in January are expected to realize $25,200 in cash Oriol Company has a line of credit at a local bank that enables it to borrow up to $52.500. The company wants to maintain a minimum monthly cash balance of $42.000 Prepare a cash budget for January and February (List items that increase cash balance first) ORIOLE COMPANY Cash Budget e Textbook and Media Attempts of used