Sweet Acacia Company expects to have a cash balance of $45,000 on January 1, 2022. Relevant monthly budget data for the first two months of 2022 are as follows: 1. Collections from customers: January $98,000; February $159,000 2. Payments to suppliers: January $59,000; February $82,000 3. Direct labour: January $31,000; February $44,000. Wages are paid in the month they are incurred. 4. Manufacturing overhead: January $27,000; February $30,000. These costs include depreciation of $1,000 per month. All other overhead costs are paid as incurred. 5. Selling and administrative expenses: January $15,000; February $21,000. These costs are exclusive of depreciation. They are paid as incurred. 6. Sales of marketable securities in January are expected to realize $9,000 in cash. 6. Sales of marketable securities in January are expected to realize $9,000 in cash. Sweet Acacia Company has a line of credit at a local bank. It can borrow up to $21,000. The company wants to keep a minimum monthly cash balance of $21,000. Prepare a cash budget for January and February. Disbursements Disbursements Total disbursements Excess of available cash over cash disbursements v : Financing Borrowing Repayment Ending cash balance