Here are some important figures from the budget of Nashville Nougats, Incorporated, for the second quarter of 2022: Credit sales Credit purchases April May $ 399,000 $348,000 June $ 436,000 197,000 Cash disbursements Wages, taxes, and expenses Interest Equipment purchases. 176,000 164,000 79,400 9,100 31,500 74,900 9,100 4,000 103,600 9,100 144,000 The company predicts that 5 percent of its credit sales will never be collected, 30 percent of its sales will be collected in the month of the sale, and the remaining 65 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 $326,000. 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. Answer is complete but not entirely correct. Beginning cash balance Cash receipts Cash collections from credit sales Total cash available April May June 106,000 $ 149,600 $ 209,350 119,700 437,600 104,400 226,200 513,350 $ 626,350 Answer is complete but not entirely correct. 2 April May June points Beginning cash balance $ 106,000 149,600 $ 269,350 Cash receipts Cash collections from credit sales 119,700 104,400 226,200 Total cash available $ 437,600 $ 513,350 $ 626,350 Cash disbursements Purchases $ 168,000 156,000 $ 189.000 Wages, taxes, and expenses 79,400 O 74,900 O 103,600 Interest 9,100 O 9,100 9,100 Equipment purchases 31,500 O 4,000 144,000 Total cash disbursements 288,000 $ 244,000 S 445.700 O Ending cash balance 149,000 $ 209,350 180,650 O