Here are some important figures from the budget of Nashville Nougats, Incorporated, for the second quarter of 2022: April Credit sales Credit purchases $ 417,000 194,000 May $ 366,000 182,000 June $ 454,000 215,000 Cash disbursements Wages, taxes, and expenses 81,200 76,700 105,400 Interest Equipment purchases 10,900 40,500 10,900 13,000 10,900 162,000 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 2022, credit sales were $344,000. 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. Beginning cash balance Cash receipts Cash collections from credit sales Total cash available Cash disbursements Purchases Wages, taxes, and expenses Interest Equipment purchases Total cash disbursements Ending cash balance $ EA EA $ April 124,000 186,000 May June