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Problem 7-08A Bramble Corp. prepares monthly cash budgets. Here are relevant data from operating budgets for 2022. January February Sales $361,300 $401,400 Purchases 120,400 132,000

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Problem 7-08A Bramble Corp. prepares monthly cash budgets. Here are relevant data from operating budgets for 2022. January February Sales $361,300 $401,400 Purchases 120,400 132,000 Salaries 83,000 81,100 Administrative 70.200 73,600 expenses Selling 80,000 87,400 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 $1,000 of depreciation per month. Other data. 1. Collections from customers: January $333,800; February $378,000. 2. Payments for purchases: January $102,600; February $142,300. 3. Other receipts: January: collection of December 31, 2021, notes receivable $18,700; February: proceeds from sale of securities $5,700. 4. Other disbursements: February $12,500 cash dividend. The company's cash balance on January 1, 2022, is expected to be $48,700. The company wants to maintain a minimum cash balance of $63,330. Prepare a cash budget for January and February. (Do not leave any answer field blank. Enter o for amounts.) BRAMBLE CORP. Cash Budget January February

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