Here are some important figures from the budget of a retail company for the second quarter of 2015. The company predicts that 4 percent of its credit sales will never be collected, 36 percent of its sales will be collected in the month of the sale, and the remaining 60 percent will be collected in the following month. Credit purchases will be paid in the month following the purchase.

Mar April May June

Credit Sales 242,000 379,900 365,400 395,000

credit purchases 163,500 152,400 172,900 195,600

cash disbursements ? ? ? ?

wages, taxes, expenses 57,250 74,600 78,270

Interest 14,420 14,420 14,420

equipment purchases 92,400 152,000 0

Cash Budget MAR APRIL MAY JUNE

Beginning cash balance ? 185,000

current month cash receipts ?

cash collected for previous month sales ?

total cash available ?

cash disbursements: ? ? ? ? ?

purchases ?

wages, taxes, expenses ?

interest ?

equipment purchases ?

total cash disbursements ?

ending cash balance ?