Cooper Company,a Retailer of Camping Supplies Has Budgeted Activity for January

Cooper Company,a retailer of camping supplies has budgeted activity for January using the following data:
$$\begin{array} { | l | r | } \hline \text{Cash sales} & \$25,000 \\\hline \text{Credit sales 60\% collected in month of sale} & 380,000 \\\hline \text{Selling and administrative costs including depreciation} & 50,000 \\\hline \text{Depreciation expense} & 5,000 \\\hline \text{Merchandise Inventory, January 1} & 21,000 \\\hline \text{Merchandise Inventory, January 31} & 20,000 \\\hline \text{Beginning cash balance} & 3,000 \\\hline \text{Minimum cash balance required} & 2,500 \\\hline \text{Cost of goods sold is 55\% of Cooper's selling price} & \\\hline \text{All purchases are paid in cash} & \\\hline \text{Selling and administrative costs are paid in month of purchase} & \\\hline\end{array}$$ Required:

Prepare a cash budget for January