Deitz Corporation is projecting a cash balance of $ 37,170 in its December 31, 2016, balance sheet. Deitz's schedule of expected collections from customers for the first quarter of 2017 shows total collections of $ 229,215. The schedule of expected payments for direct materials for the first quarter of 2017 shows total payments of $ 53,277 . Other information gathered for the first quarter of 2017 is sale of equipment $ 3,717 ; direct labor $ 86,730, manufacturing overhead $ 43,365, selling and administrative expenses $ 55,755; and purchase of securities $ 17,346. Deitz wants to maintain a balance of at least $ 30,975 cash at the end of each quarter. Prepare a cash budget for the first quarter. (Do not leave any answer field blank. Enter o for amounts.) DEITZ CORPORATION Cash Budget For the Quarter Ended March 31, 2017 Beginning Cash Balance $ 37170 Add : Collections from Customers 229215 : Add Collections from Customers : 229215 c : C: Ending Cash Balance $