Sunland Corporation prepares monthly cash budgets. Here are relevant data from operating budgets for $2025.$

January

February

Sales

$$360,400$

$$401,700$

Purchases

$121,900$

$131,000$

Salaries

$83,000$

$81,600$

Administrative expenses

$71,700$

$74,300$

Selling expenses

$78,400$

$86,600$

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 $31,2024,$ notes receivable $$18,700$; February: proceeds from sale of securities $$5,300.$

$4.$ Other disbursements: February $$12,600$ cash dividend.

the companys cash balance on january $1,2025,$ 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