Yandell has $ 13 comma 000$13,000 in cash on hand on JanuaryJanuary 1 and has collected the following budget data: January February Sales $525,000 $565,000 Cash receipts from customers 442,900 503,000 Cash payments for direct materials purchases 180,344 160,892 Direct labor costs 135,220 112,922 Manufacturing overhead costs (includes depreciation of $1,700 per month) 55,628 53,124 Assume direct labor costs and manufacturing overhead costs are paid in the month incurred. Additionally, assume YandellYandell has cash payments for selling and administrative expenses including salaries of $ 70 comma 000$70,000 per month plus commissions that are 11% of sales, all paid in the month of sale. The company requires a minimum cash balance of $ 1 comma 000$1,000. Prepare a cash budget for JanuaryJanuary and FebruaryFebruary. Round to the nearest dollar. Will YandellYandell need to borrow cash by the end of FebruaryFebruary? Question content area bottom Part 1 Begin by preparing the cash budget for JanuaryJanuary, then prepare the cash budget for FebruaryFebruary. (Complete all input fields. Enter a "0" for any zero balances. Round all amounts entered into the cash budget to the nearest whole dollar.) Yandell Company Cash Budget Two Months Ended January 31 and February 28 January Beginning cash balance