Deitz Corporation is projecting a cash balance of $30,030 in its December 31, 2016, balance sheet. Deitzs schedule of expected collections from customers for the first quarter of 2017 shows total collections of $185,185. The schedule of expected payments for direct materials for the first quarter of 2017 shows total payments of $43,043. Other information gathered for the first quarter of 2017 is sale of equipment $3,003; direct labor $70,070, manufacturing overhead $35,035, selling and administrative expenses $45,045; and purchase of securities $14,014. Deitz wants to maintain a balance of at least $25,025 cash at the end of each quarter.