The controller for Eddy Co. has provided the following information pertaining to the cash Budget for the month of January. Projected January 1 Cash Balance January Cash Payments for Materials January Direct Labor Cash Payments January Cash Collections from customers January Sale of Securities January Overhead Cash Payments January Depreciation Expense January Selling Expenses Cash Payments $50,000 $100,000 $125,000 $500,000 $70,000 $40,000 $10,000 $20,000 Eddy's Cash Budget will report the following: Total Budgeted Cash Payments of $295,000 and Ending Cash of $325,000, Total Budgeted Cash Payments of $355,000 and Ending Cash of $195,000. Total Budgeted Cash Payments of $285,000 and Ending Cash of $265,000. Total Budgeted Cash Payments of $285,000 and Ending Cash of $335,000