Shamrock Company expects to have a cash balance of $45.500 on January 1, 2022. Shamrock has budgeted the following for the first two months of the year 2022: 2. Collections from customers: January $90.700: February $110,400. N. Payments to suppliers: January $39,800: February $50,100. Direct labour: January $30,100: February $35.100 Wages are paid in the month they are incurred. 3 4 S Manufacturing overhead: January $25.100: February $29.900, Overhead costs are paid as incurred, Selling and administrative expenses: January $15.900: February $21.900. These costs do not include depreciation and they are paid as incurred. Sales of investments in January are expected to realize $10.100 in cash. Shamrock Company wants to keep a minimum monthly cash balance of $20,000. Ignore any interest on amounts borrowed. 6. Prepare a cash budget for January and February SHAMROCK COMPANY Cash Budget For 2022 January February Prepare a cash budget for January and February SHAMROCK COMPANY Cash Budget For 2022 January February Tortbook and Me