Here are some important figures from the budget of Baltimore Baking for the first quarter of 2015: January February March Credit sales $ 300,000 $ 350,000 $ 350,000 Credit purchases 60,000 60,500 50,250 Cash disbursements Wages, taxes, and expenses 42,750 49,000 51,250 Interest 8,300 8,300 8,300 Equipment purchases 79,000 81,000 0 In Baltimore Bakings experience, 7% of its credit sales will never be collected, 40% of its credit sales are paid in the month of the sale, and another 53% of its credit sales are paid in the month after the sale. Credit purchases will be paid in the month following the purchase. In December 2014, credit sales were $347,000 and credit purchases were $57,500. Using this information, complete the following cash budget (Round answers to the nearest whole dollar): January February March Beginning cash balance $ 655,000 $ ____________ $ ____________ Cash receipts Cash collections from credit sales ____________ ____________ ____________ Total cash available ____________ ____________ ____________ Cash disbursements Purchases ____________ ____________ ____________ Wages, taxes, and expenses ____________ ____________ ____________ Interest ____________ ____________ ____________ Equipment purchases ____________ ____________ ____________ Total cash disbursements ____________ ____________ ____________ Ending cash balance ____________ ____________ ____________