Here are some important figures from the budget of Crenshaw, Inc., for the second quarter of 2019:

AprilMayJuneCredit sales$408,000$357,000$445,000Credit purchases185,000173,000206,000Cash disbursementsWages, taxes, and expenses80,30075,800104,500Interest10,00010,00010,000Equipment purchases36,0008,500153,000

The company predicts that 5 percent of its credit sales will never be collected, 25 percent of its sales will be collected in the month of the sale, and the remaining 70 percent will be collected in the following month. Credit purchases will be paid in the month following the purchase. In March 2019, credit sales were $335,000.

Using this information, complete the following cash budget