Question 7 of 7 View Policies Show Attempt History Current Attempt in Progress Yourwhwer partially conect Sunland Company expects to have a cash balance of $59.800 on January 1.2022. These are the relevant monthly budget data for the First two months of 2002 3 Collections from customies January $92.300, February $189.800. 2 Payments to suppliers fanuary $52.000 February $97.500. 2 4. S 6 Wages January $3,000 February $52.000 Wages are paid in the month they are incurred Administrative expenses: January $27.300, February $31,200. These costs include depreciation of $1.300 per month. All other costs are paid as incurred Selling expenses January $19.500, February $26.000. These costs are exclusive of depreciation. They are poid as incurred Sales of short term investments in January are expected to realize $15.600 in cash Sunland Company has a line of credit ata local bank that enables it to borrow up to $32.500. The company wants to maintain a minimum monthly cash balance of $26.000 D 4 MacBook Pro * O 9 V B N M A T DC command option