2.42/5.88 E Question 16 of 17 The following information is available for Ivanhoe Company for the month of January, expected cash receipts $57,560; expected cash disbursements 566,980; and cash balance on January 1, 511,800. Management wishes to maintain a minimum cash balance of $7,880. Prepare a basic cash budget for the month of January IVANHOE COMPANY Cash Budget For the Month of January Beginning cash balance Add Total available cash Bossot able cash over cashbursements QL Borro sorrowing