Deitz Corporation is projecting a cash balance of $41,280 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 $254,560. The schedule of expected payments for direct materials for the first quarter of 2017 shows total payments of $59,168. Other information gathered for the first quarter of 2017 is sale of equipment $4,128; direct labor $96,320, manufacturing overhead $48,160, selling and administrative expenses $61,920; and purchase of securities 19,264. Deitz wants to maintain a balance of at least 34,400 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 Click if you would like to Show Work for this question: Open Show Work