Please answer the question.

- X Data table December 31, 2023, account balances Cash 15,000 32,000 and and bmmis hid ar Accounts Receivable Merchandise Inventory Accounts Payable Salaries and Commissions Payable Budgeted amounts for 2024 Sales, all on account Purchases, all on account Commissions Expense Salaries Expense Rent Expense Depreciation Expense Insurance Expense Income Tax Expense 23,000 14,500 2,550 January February $ 80,000 $ 83,200 40.800 41,300 4,000 4,160 7,000 7,000 2,800 2.800 500 500 100 100 1,700 1,700 Print Done Requirement. Prepare the schedule of cash receipts from customers for January and February 2004 Ame Cath recrets are in the month of these and on the month for the Paperclip Company Budged Cash Receipts from Customers Two Morth Ended February 18, 2024 January February COM 4200 20 Primera 20.000 32000 TO 8120 Requirement 2. Prepare the cash payments for purchases for January and February 2004 Assure purchases we pad 70% in the more purchased on the owing the Papers Company Budged Car Pants for Pres Two months Enderuary 28, 2004 February most 14.300 Terme Renowach PA Perth PC wire See More Vw Total payments for Sand A expenses Requirement 4. Prepare the cash budget for January and February 2024 Assume no financing took place Paperclip Company Cash Budget Two Months Ended February 28, 2024 January February Beginning cash balance Cash receipts from customers Cash available Cash payments Purchases of merchandise inventory Selling and administrative expenses Payments for income taxes Total cash payments Ending cash balance