Deitz Corporation is projecting a cash balance of $ 37,620 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 $ 231,990 . The schedule of expected payments for direct materials for the first quarter of 2017 shows total payments of $ 53,922. Other information gathered for the first quarter of 2017 is sale of equipment $ 3,762 ; direct labor $ 87,780, manufacturing overhead $ 43,890, selling and administrative expenses $56,430 and purchase of securities $17,556. Deitz wants to maintain a balance of at least $ 31,350 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 For the Quarter Ended March 31, 2017 37620 Beginning Cash Balance Add 3:Receipts Collections from Customers Sale of Equipment Total Receipts Total Available Cash ss#|. | Disbursements Direct Materials Direct Labor Manufacturing Overhead Selling and Administrative Expenses Purchase of Securities Total Disbursements Excess of Available Cash Over Cash Disbursements Financing