Bramble Corporation is projecting a cash balance of $33,000 in its December 31,2021 , balance sheet. Bramble's schedule of expected collections from customers for the first quarter of 2022 shows total collections of $181,000. The schedule of expected payments for direct materials for the first quarter of 2022 shows total payments of $39,000. Other information gathered for the first quarter of 2022 is as follows: sale of equipment $2,000; direct labour $79,000, manufacturing overhead $35,000; selling and administrative expenses $40,000; and purchase of securities $13,000. Bramble wants to maintain a balance of at least $24,000 cash at the end of each quarter