Other data: 1. Credit sales: November 2013, $250,000; December 2013, $320,000. 2. Purchases of direct materials: December 2013, $100,000. 3. Other receipts: January-Collection of December 31, 2013, notes receivable $15,000; February-Proceeds from sale of securities $6,000. 4. Other disbursements: February-Payment of $6,000 cash dividend. The company's cash balance on January 1, 2014, is expected to be $60,000. The company wants to maintain a minimum cash balance of $50,000