please help for upvote. Need help in last part only . Rest i have done already

Question 14 of 15 ( > 9.66/15 1 Lorch Company prepares monthly cash budgets. Relevant data from operating budgets for 2021 are as follows January February Sales $349,000 $402,000 Direct materials purchases 119.000 109,000 Direct labour 84,000 110,000 Manufacturing overhead 61.000 75.000 Selling and administrative expenses 76.000 79,000 All sales are on account. Lorch expects collections to be 50% in the month of sale, 40% in the first month following the sale, and 10% in the second month following the sale. It pays 30% of direct materials purchases in cash in the month of purchase and the balance due in the month following the purchase Other data are as follows: 1. Credit sales: November 2020, $202.000: December 2020, $276.000 2. Purchases of direct materials: December 2020, $89,000 3. Other receipts January-collection of December 31, 2020. notes receivable $6.000 February-proceeds from sale of securities $6.000 7:09 FM 12-11 9.66/15 E 3. Other receipts: January-collection of December 31, 2020, notes receivable $6,000; February-proceeds from sale of securities $6,000 4. Other disbursements: February-payment of $20,000 for land The company expects its cash balance on January 1, 2021, to be $50.000. It wants to maintain a minimum cash balance of $39.000. (a) Your answer is correct. Prepare schedules for (1) the expected collections from customers. Month January February November 20200 Dacombat 111200 $ D 27800 E M'C Metode Question 14 of 15 (1) the expected collections from customers. Month January November $ 20200 December 111200 January 174500 February D 305900 (2) the expected payments for direct materials purchases Month January 62300 December January 35700 February February 0 27000 139600 201000 36400 83300 9.66/15 E 1 712 FINE 16C Mieste Question 14 of 15 to ( Your answer is partially correct Prepare a cash budget for January and February using columns for each month Beginning cash balance. Add: Cash receipts Collection from credit sales Collection of notes receivable Proceeds from sale of securities Total receipts LORCH COMPANY Cash Budget For the Two Months Ending February 28, 2021 Jan 50000 9.66/15 Feb E ING US 710PM 2022-06-15 Assignment #6 - Chapter 10 Budgetary Planning Question 14 of 15 Total receipts Total available cash Less Disbursements Repament Direct labour Manufacturing overtical Selling and administrative expenses Purchase a land Total disbursements Excess of cash available over cash disbursements Financing Borrowing 1.0000 9.66/15 100000 I ING US 7:10 PM 2012-06-15 "Assignment DO Question 14 of 15 > Total disbursements Excess of cash available over cash disbursements Financing Borrowing Ins Repayment Total financing Ending cash balance eTextbook and Media Save for Later Last saved 24 minutes agn 9.66/15 E i Attempts: 1 of 3 used Submit Arewer ENG 750PM 2002-06-15