Here are some important figures from the budget of Cornell, Inc., for the second quarter of 2020: The company predicts that 5 percent of its credit sales will never be collected, 40 percent of its sales will be collected in the month of the sale, and the remaining 55 percent will be collected in the following month. Credit purchases will be paid in the month following the purchase. In March 2020, credit sales were $182,000, and credit purchases were $122,000. Using this information, complete the following cash budget. (Do not round intermediate calculations.) \begin{tabular}{|l|l|l|l|} \hline & \multicolumn{2}{|c|}{ April } & May \\ \hline Beginning cash balance & $ & & \\ \hline Cash receipts & & & \\ \hline Cash collections from credit sales & & & \\ \hline Total cash available & & & \\ \hline Cash disbursements & & & \\ \hline Purchases & & & \\ \hline Wages, taxes, and expenses & & & \\ \hline Interest & & & \\ \hline Equipment purchases & & & \\ \hline Total cash disbursements & & & \\ \hline \end{tabular}