0.50 points Walter Company has the following information for the month of March: Cash balance, March 1 Collections from customers Paid to suppliers Manufacturing overhead Direct labor Selling and administrative expenses $ 16,620 37,450 22,500 6,300 8,350 4,400 Walter pays all expenses in the month incurred. Manufacturing overhead includes $1,300 for machinery depreciation, but the amount for selling and administrative expenses is exclusive of depreciation. Additionally, Walter also expects to buy a piece of property for $7,200 during March. Walter can borrow in increments of $1,000 and would like to maintain a minimum cash balance of $11,000 Required Prepare Walter's cash budget for the month of March Beginning Cash Balance Budgeted Cash Receipts Budgeted Cash Payments Preliminary Cash Balance Cash Borrowed Ending cash balance