Ainsworth Enterprises has provided the following estimates relating to the first quarter of 2018. Cash sales $80 960 Credit sales 162 624 Receipts from accounts receivable 125840 Cash payments: Wages 95040 Office furniture 22 176 Utilities expenses 6688 Administrative expenses 24816 Depreciation on office furniture 554 Receipt of loan 26400 Credit purchases 115456 Payments to accounts payable 93 104 The cash balance at 1 January 2018 was $19 800. Required: Prepare a cash budget for the quarter ending 31 March 2018.