Here are some important figures from the budget of Cornell, Inc., for the second quarter of 2016:

	April			May			June
Credit sales	$	316,000		$	296,000		$	356,000
Credit purchases		124,000			147,000			172,000
Cash disbursements
Wages, taxes, and expenses		43,600			11,100			62,600
Interest		10,600			10,600			10,600
Equipment purchases		76,000			142,000			0

The company predicts that 5 percent of its credit sales will never be collected, 30 percent of its sales will be collected in the month of the sale, and the remaining 65 percent will be collected in the following month. Credit purchases will be paid in the month following the purchase.

In March 2016, credit sales were $186,000, and credit purchases were $126,000. Using this information, complete the following cash budget. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.16.)

		April		May		June
Beginning cash balance	$	119,000	$		$
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	$		$		$