Here are some important figures from the budget of Marston, Inc., for the second quarter of 2016 ril May June Credit sales Credit purchases Cash disbursements $414,000 $363,000 $451,000 191,000 79,000 212,000 Wages, taxes, and expenses Interest Equipment purchase 80,900 10,600 39,000 76,400 10,600 11,500 105,100 10,600 159,000 The company predicts that 5 percent of its credit sales 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 2016, credit sales were $341,000 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.) April June $ 121,000 Beginning cash balance Cash receipts Cash collections from credit sales Total cash available Cash disbursements $ 183,000 Purchases Wages, taxes, and expenses Interest Equipment purchases Total cash disbursements Ending cash balance