Question 9 View Policies Current Attempt in Progress Cooper Company, a retailer of camping supplies has budgeted activity for January using the following data: Cash sales Credit sales (61% collected in month of sale) Selling and administrative costs (including depreciation) Depreciation expense Merchandise Inventory, January 1 Merchandise Inventory, January 31 Beginning cash balance Minimum cash balance required Cost of goods sold is 54% of Cooper's selling price All purchases are paid in cash Selling and administrative costs are paid in month of purchase $27.100 395,600 52,530 5,270 22,040 21,380 3,200 2,800 : Prepare a cash budget for January (Enter cash needed using either a negative sign preceding the number e.g. -4,527 or parentheses e 3. (4,5271) Prepare a cash budget for January (Enter cash needed using either a negative sign preceding! he number es-4,527 or parentheses es (4,527 Save for Later Attempts Prepare a cash budget for January (Enter cash needed using either a negative sign preced 27 or parentheses es: (4,527) Save for Later Attempts:0 of