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Flint Corporation prepares monthly cash budgets. Here are relevant data from operating budgets for 2022. Sales Purchases January $360,900 122,000 84,400 70,000 78,300 February $400,700 131,200 81,900 73,400 87,400 Salaries Administrative expenses Selling expenses All sales and purchases are on account. Budgeted collections and disbursement data are given below. All other expenses are paid in the month incurred. Administrative expenses include $1,500 of depreciation per month. Other data. 1. Collections from customers: January $333,600; February $378,700. 2. Payments for purchases: January $100,300; February $144,000. 3. Other receipts: January: collection of December 31, 2021, notes receivable $17,400; February: proceeds from sale of securities $5,500. 4. Other disbursements: February $12,300 cash dividend. The company's cash balance on January 1, 2022, is expected to be $48,500. The company wants to maintain minimum cash balance of $65,000. Prepare a cash budget for January and February. (Do not leave any answer field blank. Enter o for amounts.) FLINT CORPORATION Cash Budget For the Two Months Ending February 28, 2022 January February 48500 Beginning cash balance $ Add Cash receipts Collections from customers 333600 378700 Sale of securities 5500 Notes receivable 17400 Total receipts 399500 384200 January February Beginning cash balance 48500 Add Cash receipts Collections from customers 333600 378700 Sale of securities > 5500 Notes receivable 17400 Total receipts 399500 384200 Total available cash Less Cash disbursements Dividends 12300 > Salaries 84400 81900 Administrative expenses 68500 71900 Selling expenses 78300 87400