ent $ 30,100 20,000 4,100 138,700 138,700 6,900 95,400 121,200 Beginning cash balance Required minimum cash balance Payment of income taxes (2nd quarter) Professional salaries: 1st quarter 2nd quarter Interest from investments (2nd quarter) Overhead costs: 1st quarter 2nd quarter Selling and administrative expenses, including $3,100 depreciation: 1st quarter 2nd quarter Purchase of equipment (2nd quarter) Sale of equipment (1st quarter) Collections from clients: 1st quarter 2nd quarter Interest on repayments (2nd quarter) 50,000 69,500 49,500 12,000 247,400 386,500 230 Prepare a cash budget for each of the first two quarters of 202 PISANI DENTAL CLINIC Cash Budget For the Two Quarters Ending June 30, 2020 Quarters 1 2 Total Beginning cash balance $ $ $ Add Total receipts Collections from clients Sale of equipment