Bramble Corp. prepares monthly cash budgets. Here are relevant data from operating budgets for 2017.

Bramble Corp. prepares monthly cash budgets. Here are relevant data from operating budgets for 2017. January February $361,300 $401,400 120,400 132,000 83,000 81.100 Administrative expenses70,200 73,600 0,000 87,400 Sales Purchases Salaries Selling expenses All sales and purchases are on account. Budgeted collections and disbursement data are given below. All other expenses are paid in the month incurred except for administrative expenses, which include $1,000 of depreciation per month. Other data. 1. 2. 3. Collections from customers: January $ 333,800; February $378,000 Payments for purchases: January $ 102,600; February $142,300. Other receipts: January: collection of December 31,2016, notes receivable $ 18,700; February: proceeds from sale of securities $5,700. 4 Other disbursements: February $ 12,500 cash dividend