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Current Attempt in Progress Bramble Corporation is projecting a cash balance of $36,600 in its December 31, 2021, balance sheet. Bramble's schedule of expected collections

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Current Attempt in Progress Bramble Corporation is projecting a cash balance of $36,600 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 $225,700. The schedule of expected payments for direct materials for the furst quarter of 2022 shows total payments of $52.460. Other information gathered for the first quarter of 2022 is sale of equipment $3,660; direct labor $85,400, manufacturing overhead $42,700, selling and administrative expenses $54,900; and purchase of securities $17,080. Bramble wants to maintain a balance of at least $30,500 cash at the end of each quarter. Prepare a cash budget for the first quarter

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