Crane Corporation is projecting a cash balance of $31,800 in its December 31, 2021, balance sheet. Crane's schedule of expected collections from customers for the first quarter of 2022 shows total collections of $196,100. The schedule of expected payments for direct materials for the first quarter of 2022 shows total payments of $45,580. Other information gathered for the first quarter of 2022 is sale of equipment $3,180; direct labor $74,200, manufacturing overhead $37,100, selling and administrative expenses $47,700; and purchase of securities $14,840, Crane wants to maintain a balance of at least $26,500 cash at the end of each quarter. Prepare a cash budget for the first quarter. Beginning Cash Balance Total Disbursements Collections from Customers Manufacturing Overhead Direct Labor Purchase of Securities Borrowings Direct Materials Total Available Cash Receipts Excess of Available Cash Over Cash Disbursements Financing Total Receipts Repayments Selling and Administrative Expenses Ending Cash Balance Sale of Equipment Disbursements $