please fully complete the empty cash budget sheet and in return if completed correctly i will give a thumbs up please keep ot organizaed and utilize the accounts provided thank you

Martin Company expects to have a cash balance of $136,400 on January 1, 2020. Relevant monthly budget data for the first 2 months of 2020 are as follows: . . Collections from customers: January $248,200, February $434,200, Payments for direct materials: January $156,900, February $239,900 Direct labor: January $91,300, February $135,900. Wages are paid in the month they are incurred. Manufacturing overhead: January $63,000, February $75,800. These costs include depreciation of $5,100 per month. All other overhead costs are paid as incurred Selling and administrative expenses: January $44,200, February $59,000. These costs are exclusive of depreciation. They are paid as incurred Sales of marketable securities in January are expected to realize 536,500 in cash. Martin Company has a line of credit at the local bank that enables it to borrow up to $75h00. The company wants to maintain a minimum monthly cash balance of . . $59.000 Martin Company Cash Budget For the Months Ending February 2020 January Beginning Cash Balance 136400 $ Add : Receipts > Collections from Customers 248200 Sale of Securities 36500 Total Receipts > 284700 Total Available Cash 421100 Less Disbursements Direct Materials (156900) i Direct Labor 191300) Manufacturing Overhead (57900) Selling and Administrative Expenses (44200) Total Disbursements (350300) 3 Excess (Deficiency of Available Cash over Cash Disbursements 70800 Financing Collections from Customers 248200 Sale of Securities 36500 Total Receipts 284700 Total Available Cash 421100 Less Disbursements Direct Materials (156900) Direct Labor 191300) i 157900) i Manufacturing Overhead (44200) i Selling and Administrative Expenses Total Disbursements (350300) Excess (Deficiency) of Available Cash over Cash Disbursements 70800 Financing Add 0 Borrowings 0 Repayments including interest S 70800 Ending Cash Balance e Textbook and Media Martin Company Cash Budget For the Months Ending February 2020 January February Jalance $ 136400 70800 celts in Customers 248200 434200 36500 CX 284700 434200 ash 421100 505000 bursements (156900) 12399001 191300) (135900) Overhead (57900) 1707001 sinistrative Expenses (44200) (59000) (350300) 1 (505500) vor Available Cash over Cash Disbursements 70800 1500) ceipts n Customers 248,200 434.200 36,500 284,700 434200 ash 421.100 505.000 sbursements - 156,900 i 239.900 i 191,300 i -135.900 i Overhead -57.900 -70,700 sinistrative Expenses -44,200 i -59,000 -350.300 -505.500 yot Available Cash over Cash Disbursements 70.800 (500) rrowines O 59 500 payments including interest ince 70,800 59.000 Martin Company's chief financial officer feels that it is important to have data for the entire quarter especially since their financial forecasts indicate some difficult economic periods in the coming year. March information has been budgeted as follows: . Collections from customers: $375,400 Payments for direct materials: $206,200 Direct labor: Wages paid in March $117.300 Manufacturing overhead: $63,300. This includes the monthly depreciation of $5,100, Selling and administrative expenses: $50,800. This cost is exclusive of depreciation Marketable securities of $48,400 can be sold if needed for additional cash. . . Prepare a cash budget for March assuming that the company does not sell the marketable securities, Martin Company Cash Budget For the Month Ending March 2020 $ > Martin Company Cash Budget For the Month Ending March 2020 Beginning Cash Balance Borrowings Collections from Customers Direct Labor Direct Materials Disbursements Ending Cash Balance Excess (Deficiency) of Available Cash over Cash Disbursements Financing Manufacturing Overhead Receipts Repayments including Interest Sale of Securities Selling and Administrative Expenses Total Available Cash Total Disbursements Total Receipts V > > A > Add Less