The treasurer of Systems Company has accumulated the following budget information for the first two months of the coming year: the company expects to sell about 35% of its merchandise for cash. Of sales on account, 80% are expected to be collected in full in the month of the sale and the remainder of the month following the sale. One-fourth or the manufacturing costs are expected to be paid in the month in which they are incurred and the other three-fourths in the following month. Depreciation, insurance, and property taxes represent $6, 400 of the probable monthly selling and administrative expenses. Insurance is paid in February and a $40.000 installment on income taxes is expected to be paid in April. Of the remainder of the selling and administrative expenses, one-half are expected to be paid in the month in which they are incurred and the balance in the following month. Capital additions of $250.000 are expected to be paid in March. Current assets as of March 1 are composed of cash of $45.000 and accounts receivable of $51.000. Current liabilities as of March 1 are composed of accounts payable of S1 21.500 ($102,000 for materials purchases and $19.500 for operating expenses). Management desires to maintain a minimum cash balance of $20,000. Prepare a monthly cash budget for March and April