Here are some important figures from the budget of Nashville Nougats, Incorporated, for the second quarter of 2022: Credit sales April June $ 438,000 Credit purchases Cash disbursements Wages, taxes, and expenses Interest Equipment purchases $ 401,000 178,000 May $ 350,000 166,000 199,000 79,600 9,300 32,500 75,100 103,800 9,300 5,000 9,300 146,000 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 $328,000. 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 Beginning cash balance $ 108,000 Cash receipts Cash collections from credit sales Total cash available Cash disbursements Purchases $ 170,000 Wages, taxes, and expenses Interest Equipment purchases Total cash disbursements Ending cash balance June