Yem has $14,000 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 seling and administrative expenses including salaries of $70.000 per month plus commissions that are 2% of sales, al paid in the month of sale. The company requires a minimum cash BARCA of 55.000 Prepare A cash but for lary and Fahnary Round to the NARAR dollar Wai Yamneed to borrow cash by the end of February? Yem Company Cash Budget Two Menthe Ended January 31 and February 28 i Data Table - X February 582100 Beginning cash balance Cash receipts Cash available Cash payments Purchases of direct materials Lirect labar Manufacturing overhead Seling and administrative expenses Cash receipts from customers Cash payment for de mall purchase Direct labor costs Manufacturing whead at includes depreciation of $1,900 per month January 529.000 5 442,100 180 965 135,130 February 563.000 562 900 160 284 113.192 55.628 53016 Print Done Total cash payments Ending cash balance before financing Minimum cash balance desired Projected cash excess deficiency) Financing Borrowing Principal repayments Total effects of financing Ending cash balance Wil Yem nad to borrow cash ly the end of February? Yom need to borrow cash by the end of February because the ending cash balance before financing than the minimum cash balance required Enter any number in the di felds and then continue to the next