Whispering Winds Company prepares monthly cash budgets. Relevant data from coperating budgets for 2023 are as follows: Alsales are on account. Whispering Winds expects collections to be 50% in the month of sale, 40% in the first month following the sale, and 10% in the second month following the sale. It pays 30% of direct materials purchases in cash in the month of purchase and the balance due in the month following the purchase. Other data are as follows: 1 Credit sales November 2022, \$201,000; December 2022,\$278,000 2. Purchases of direct materials: December 2022, $90,000 3. Other receipts: January-collection of December 31,2022 , notes recelvable $4,000; February-proceeds from sale of securities $6,000 4. Other disbursements: February-payment of $20,000 for land The company expects its cash balance on January 1,2023 , to be $50,000. It wants to maintain a minimum cash balance of $40.000 Prepare schedules for (1) the expected collections from customers (2) the expected payments for direct materlals purchases. Prepure a cash bodket for Janusy and February using colurnns for each month