Sheridan Corporation prepares monthly cash budgets. Here are relevant data from operating budgets for 2025. Sales Purchases Salaries Administrative expenses Selling expenses January $360,600 121,400 83,800 71,800 78,700 February $401,400 130,600 81,700 74,900 86,100

Sheridan Corporation prepares monthly cash budgets. Here are relevant data from operating budgets for 2025 . 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 $1,400 of depreciation per month. Other data. 1. Collections from customers: January $329,700; February $378,900, 2. Payments for purchases: January $108,800; February $143,200. 3. Other receipts: January: collection of December 31,2024 , notes receivable $18,900, February: proceeds from sale of securities $5,100. 4. Other disbursements: February $12,700 cash dividend. The company's cash balance on January 1,2025, is expected to be $47.600. The company wants to inaintain a minimum cash balance of $51,430. Prepare a cash budget for January and February, (List items that increose cash balance fist). Beginning cash balance Add v : Cashreceipts \begin{tabular}{|c|c|c|c|} \hline Collections from customers & v & 329700 & 378900 \\ \hline Notes recelvable & v & 18900 & \\ \hline Sale of securities & v & & 5100 \\ \hline Total receipts & & & \\ \hline Endinecinh balance & & & \\ \hline \end{tabular} Les Cnhdivinuenents Administrakive expenses Selling expenses Dividends Total disbursements Excess (deficiency) of available cash over disbursements Financing Enains cast balance