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Here are some important figures from the budget of Nashville Nougats, Inc., for the second quarter of 2 0 1 8 : April May June

Here are some important figures from the budget of Nashville Nougats, Inc., for the second quarter of 2018:
April May June
Credit sales $ 322,000 $ 302,000 $ 362,000
Credit purchases 130,000153,000178,000
Cash disbursements
Wages, taxes, and expenses 44,20011,70063,200
Interest 11,20011,20011,200
Equipment purchases 82,000154,0000
The company predicts that 5 percent of its credit sales will never be collected, 40 percent of its sales will be collected in the month of the sale, and the remaining 55 percent will be collected in the following month. Credit purchases will be paid in the month following the purchase.
In March 2018, credit sales were $192,000 and credit purchases were $132,000. Using this information, complete the following cash budget

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