Exercise 21-19 Pletcher Dental Clinic is a medium-sized dental service specializing in family dental care. The clinic is currently preparing the master budget for the first 2 quarters of 2017. All that remains in this process is the cash budget. The following information has been collected from other portions of the master budget and elsewhere.

please make answers clear and bolded thank you

Beginning cash balance Required minimum cash balance Payment of income taxes (2nd quarter) Professional salaries: $34,380 28,650 4,584 1st quarter 2nd quarter 160,440 160,440 8,022 Interest from investments (2nd quarter) Overhead costs: 1st quarter 2nd quarter 88,242 114,600 Selling and administrative costs, including $2,292 depreciation: 57,300 80,220 57,300 13,752 1st quarter 2nd quarter Purchase of equipment (2nd quarter) Sale of equipment (1st quarter) Collections from clients 1st quarter 2nd quarter 269,310 435,480