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

Here are some important higures from the budget or Marston, Inc., for the second quarter of 2016: April May June Credit sales S402,000 $351,000 $439,000 179,000 167,000 200,000 Credit purchases Cash disbursements Wages, taxes, and expenses Interest 79,700 9,400 33,000 75,200 103,900 9,400 5,500 147,000 9,400 Equipment purchases 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 $329,000 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 May Beginning cash balance Cash receipts $ 109,000 Cash collections from credit sales Total cash available Cash disbursements $ 171,000 Wages, taxes, and expenses Interest Equipment purchases Total cash disbursements Ending cash balance Hints eBook & Resources O Type here to search 12:56 PM 41 2/24/2019 ^