Bramble Dental Clinic is a medium-sized dental service specializing in family dental care. The clinic is currently preparing the master budget for the first 2 quarters of 2022. All that remains in this process is the cash budget. The following information has been collected from other portions of the master budget and elsewhere.

Beginning cash balance		$36,600
Required minimum cash balance		30,500
Payment of income taxes (2nd quarter)		4,880
Professional salaries:
1st quarter		170,800
2nd quarter		170,800
Interest from investments (2nd quarter)		8,540
Overhead costs:
1st quarter		93,940
2nd quarter		122,000
Selling and administrative costs, including
$2,440 depreciation:
1st quarter		61,000
2nd quarter		85,400
Purchase of equipment (2nd quarter)		61,000
Sale of equipment (1st quarter)		14,640
Collections from patients:
1st quarter		286,700
2nd quarter		463,600
Interest payments (2nd quarter)		244

Prepare a cash budget for each of the first two quarters of 2022.