Bridgeport Corporation is projectinga cash balance of $28,000 in its December 31,2021, balance sheet Bridgeport's schedule of opected collections from customers for the first quarter of 2022 shows total collections of $179.000. The schedule of expected payments for direct materials for the first quarter of 2022 shows total payments of $37,000.0 ther information gathered for the first quarter of 2022 is as follows sale of equipment $2,000, direct labour $69,000, mand facturing overhead $34,000, selling and administrative expenses $44,000, and purchase of securities $15,000. Bridgeport wants to maintain a balance of at least $22,000 cash at the end of each quarter. Prepare a canh budget for the first quarter