Cash Budget For the Year Ended December 31, 2013 Increase in Cash Decrease in Cash Total Cash receipts $9,172,846 Cash payments for materials $(5,338,660) Wages and commissions paid $(1,616,693) Other expenses paid $(1,433,851) Interest paid on long-term debt $(93,750) Income taxes paid $(181,592) Cash paid for new fixed assets $(25,000) Long-term debt repayment $(255,000) Dividend paid $(200,000) Total increases and decreases 9,172,846 $(9,144,546) 28,300 Prior year cash xxxxxxxxxx xxxxxxxxxx 150,000 Cash balance December 31, 2013 xxxxxxxxxx xxxxxxxxxx $178,300.