Here are some important figures from the budget of Crenshaw inc. of the Second Quarter of 2019

	April	May	Jun
Credit Sale	689,000	598,000	751,000
Credit purchase	302,000	282,000	338000
Cash disbursements
Wage, Taxes, Expense interest	137,000	129,000	179,000
Interest	15,600	15,600	15,600
Equipment purchase	53,500	6,600	248,000

The Company predict that 5 percent of its credit sale 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 2019, credit sale were $561,000. Using the information complete the following cash budget:

	April	MAY	JUNE
Beginning cash balance	182,000
Cash receipt
Cash Collection from the credit sale
total cash available
Cash Disbursement
Purchase	$289,000
Wages, Taxes, and expenses
Interest
Equipment purchases
Total cash Disbursement
Ending cash balance

Thank you!