Here are some important figures from the budget of Blocher, Inc., for the second quarter of 2013:

	April				May				June
Credit sales		$	410,000			$	359,000			$	447,000
Credit purchases			187,000				175,000				208,000
Cash disbursements
Wages, taxes, and expenses			80,500				76,000				104,700
Interest			10,200				10,200				10,200
Equipment purchases			37,000				9,500				155,000

The company predicts that 5 percent of its credit sales will never be collected, 35 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. In March 2013, credit sales were $337,000.

Required:

Using this information, complete the following cash budget:

	April	May	June
Beginning cash balance	$ 117,000	$	$
Cash receipts
Cash collections from credit sales
Total cash available	$	$	$
Cash disbursements
Purchases	$ 179,000	$	$
Wages, taxes, and expenses
Interest
Equipment purchases
Total cash disbursements	$	$	$
Ending cash balance	$	$	$