Deitz Corporation is projecting a cash balance of $32,070 in its December 31, 2016, balance sheet. Deitzs schedule of expected collections from customers for the first quarter of 2017 shows total collections of $197,765. The schedule of expected payments for direct materials for the first quarter of 2017 shows total payments of $45,967. Other information gathered for the first quarter of 2017 is sale of equipment $3,207; direct labor $74,830, manufacturing overhead $37,415, selling and administrative expenses $48,105; and purchase of securities $14,966. Deitz wants to maintain a balance of at least $26,725 cash at the end of each quarter. Prepare a cash budget for the first quarter. (Do not leave any answer field blank. Enter 0 for amounts.) DEITZ CORPORATION Cash Budget $ : : : : $.