This is one whole question, please carfully answer all parts. the 3rd and fourth photo is the same as the last one just more up close.

Colter Company prepares monthly cash bucets. Relevant data from operating budget for 2020 are as follows January February Sales Direct materials purchases Direct labor Manufacturing overhead Selling and administrative expenses 5428,400 142.800 107.100 83,300 94,010 $476,000 148,750 119.000 89250 101.150 All sales are on account. Collections are expected to be 50% in the month of sale, 30% in the first month following the sale, and 20% in the second month following the sale. Sixty percent (60%) of direct materials purchases are paid in cash in the month of purchase, and the balance due is paid in the month following the purchase. All other items above are paid in the month incurred except for selling and administrative expenses that include $1.190 of depreciation per month Other data: 1. Credit sales November 2019.5297.500: December 2019.5380.800 2 Purchases of direct materials: December 2019. $119.000 3. Other receipts: January-Collection of December 31, 2012. notes receivable $17850 February-Proceeds from sale of securities 57.140. 4. Other disbursements February-Payment of 57.140 cash dividend. The company's cash balance on January 1, 2020, is expected to be 571400. The company wants to maintain a minimum cash balance of $59.500 February - Proceeds from sale of securities $7.140. 4. Other disbursements: February-Payment of $7,140 cash dividend. The company's cash balance on January 1, 2020, is expected to be $71.400. The company wants to maintain a minimum cash balance of $59.500 Prepare schedules for (1) expected collections from customers and (2) expected payments for direct materials purchases for January and February Expected Collections from Customers January February November December January February Total collections Expected Payments for Direct Materials January December January February Total payments COLTER COMPANY Cash Budget January February