The following information pertains to the January Operating Budget for Casey Corporation:

- Budgeted sales for January is $207,000 and February is $100,000

- Collections for sales are 60% in the month of sale and 40% the next month

- Gross Margin is 35% of sales

- Administrative costs are $10,000 each month

- Beginning Accounts receivable is $29,000

- Beginning inventory is $16,000

- Beginning accounts payable is $67,000 (all from inventory purchases)

- Purchases are paid in full the following month

- Desired ending inventory is 30% of next month's cost of goods sold (COGS) Prepare cash collection and cash disbursement schedules.