Sunland Compary expects to have a cash balance of $$59,800$ on January $1,2025.$ These are the relevant monthly budgat data for the

first two months of $2025.$

Collactions from customers: January $$92,300$ and Fabruary $$189,800.$

Payments to suppliars: January $$52,000$ and February $$97,500.$

Wages: January $$39,000$ and February $$52,000.$ Wages are paid in the month they are incurred.

Administrative expenses: January $$27,300$ and February $$31,200.$ These costs include depreciation of $$1,300$ per month. All

other costs are paid as incurred.

Selling expenses: January $$19,500$ and February $$26,000.$ These costs are exclusive of depreciation. They are paid as

incurred.

Sales of short$-$term investments in January are expected to realize $$15,600$ in cash. Sunland has a line of credit at a local banke

that enables it to borrow up to $$32,500.$ The company wants to maintain a minimum monthly cash balance of $$26,000.$

Prepare a cash budaet for January and February. $($List items that increase cosh balance first.$)$