Your answer is partially correct. Try again. Marigold Corp. prepares monthly cash budgets. Here are relevant data from operating budgets for 2022. Sales January February $360,400 $401,700 121,900 131,000 83,000 81,600 Purchases Salaries Administrative expenses Selling expenses 71,700 74,300 78,400 86,600 All sales and purchases are on account. Budgeted collections and disbursement data are given below. All other expenses are paid in the month incurred. Administrative expenses include $1,100 of depreciation per month. Other data. 1. Collections from customers: January $336,800; February $378,600. 2. Payments for purchases: January $109,600; February $141,100. 3. Other receipts: January: collection of December 31, 2021, notes receivable $18,700; February: proceeds from sale of securities $5,300. 4. Other disbursements: February $12,600 cash dividend. The company's cash balance on January 1, 2022, is expected to be $47,900. The company wants to maintain a minimum cash balance of $58,710. Prepare a cash budget for January and February. (Do not leave any answer field blank. Enter o for amounts.) MARIGOLD CORP. Cash Budget For the Two Months Ending February 28, 2022 January February Beginning cash balance 47900 73900 $ Add 4 Cash receipts Collections from customers 336800 378600 Notes receivable 18700 Sale of securities 5300 Total receipts 403400 457800 Total available cash 451300 531700 Less Cash disbursements Purchases 109600 141100 Salaries 83000 81600 Administrative expenses 58500 61100 Selling expenses 78400 86600 Dividends 12600 Total disbursements 329500 383000 Excess (deficiency) of available cash over disbursements - 73900 148700 Financing Add Borrowings 73900 Less Repayments Ending cash balance 73900 74800