Here are some important figures from the budget of Nashville Nougats, Incorporated, for the second quarter of 2022:

	April	May	June
Credit sales	$ 412,000	$ 361,000	$ 449,000
Credit purchases	189,000	177,000	210,000
Cash disbursements
Wages, taxes, and expenses	80,700	76,200	104,900
Interest	10,400	10,400	10,400
Equipment purchases	38,000	10,500	157,000

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 2022, credit sales were $339,000.

Using this information, complete the following cash budget.

Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.

April May. June

Beginning cash balance: $119,000

Cash receipts

Cash collections from credit sales

Total cash available

Cash disbursements

Purchases: $181,000

Wages, taxes, and expenses

InterestEquipment purchases

Total cash disbursements

Ending cash balance