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

	April			May			June
Credit sales	$	323,000		$	303,000		$	363,000
Credit purchases		131,000			154,000			179,000
Cash disbursements
Wages, taxes, and expenses		44,300			11,800			63,300
Interest		11,300			11,300			11,300
Equipment purchases		83,000			156,000			0

The company predicts that 5 percent of its credit sales will never be collected, 45 percent of its sales will be collected in the month of the sale, and the remaining 50 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 $193,000, and credit purchases were $133,000. 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	$	126,000	$		$
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	$		$		$