Yem has $13,000 in cash on hand on January 1 and has collected the following budget data: (Click on the icon to view the budget data.) Assume direct labor costs and manufacturing overhead costs are paid in the month incurred. Additionally, assume Yem has cash payments for selling and administrative expenses including salaries of $60,000 per month plus commissions that are 2% of sales, all paid in the month of sale. The company requires a minimum cash balance of $15,000. Prepare a cash budget for January and February. Round to the nearest dollar. Will Yem need to borrow cash by the end of Begin by preparing the cash budget for January, then prepare the cash budget for February. (Complete all input fields. Enter a "O" for any zero balances. Round all amounts entered into the cash budget to the nearest whole dollar.) Yem Company Cash Budget Two Months Ended January 31 and February 28 Beginning cash balance Cash receipts Cash available January Clear all Check answer Help me solve this Etext pages Get more help