Current Attempt in Progress Swifty Corporation is projecting a cash balance of $24,600 in its December 31, 2021, balance sheet. Swifty's schedule of expected collections from customers for the first quarter of 2022 shows total collections of $151,700. The schedule of expected payments for direct materials for the first quarter of 2022 shows total payments of $35,260. Other information gathered for the first quarter of 2022 is sale of equipment $2.460, direct labor $57,400, manufacturing overhead $28.700, selling and administrative expenses $36.900; and purchase of securities $11.480. Swifty wants to maintain a balance of at least $20,500 cash at the end of each quarter Prepare a cash budget for the first quarter SWIFTY CORPORATION Cash Budget >