00 Here are some important figures from the budget of Nashville Nougats, Incorporated, for the second quarter of 2022: June 1.11 points Credit sales Credit purchases April $ 357,400 125,100 May $ 342,500 157,300 $ 402,600 195,500 Cash disbursements Wages, taxes, and 51,200 64,700 expenses Interest Equipment purchases 12,400 84,500 12,400 131,000 77,300 12,400 0 eBook Hint Print The company predicts that 5 percent of its credit sales will never be collected, 35 percent of its sales will be collected in the month of the sale, and the remaining 60 percent will be collected in the following month. Credit purchases will be paid in the month following the purchase. In March 2022, credit sales were $245,300. Using this information, complete the following cash budget: Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32. April May $ 125,000 References Beginning cash balance Cash receipts Cash collections from credit sales Total cash available Cash disbursements Purchases $ 149,300 Wages, taxes, and expenses Interest Equipment purchases Total cash disbursements Ending cash balance June