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Budget Data Yeaman Compary has $13.000 in eash on hand on danuary 1 and has colected the followhg budget data: Assume direct labar costs and marufacturing ovechead costs are poid in the month incurred. Additionaly, assume Yeaman Company has cash paymerta for seling and administrative expenses inclueleg sabaries of $70,000 per month plus commissions that are 2% of sales, all poid in the month of salo. The corpany regules a minimum cath balance of 55 , 060 . Prepare a cash budget for January and February, Round to the nearest dollar. Wil Yeaman Corsany need to boerow cash by the and of February? budpot to the nearest whole dollar) 16 Yeaman Company has $13,000 in cash on hand on damuary 1 and has collocled the followirg budget dasa Asume dired laber costs and manulacturing overhead costs are paid in the month incured. Additionally, assume Yeaman Company has cash payments for seling and adiministafive kipenses sanuary and February. Round to the neareut dollar. Wit Yeaman Company peed to borrow cash by the end of Febriary