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

	April	May	June
Credit sales	$ 417,000	$ 366,000	$ 454,000
Credit purchases	194,000	182,000	215,000
Cash disbursements
Wages, taxes, and expenses	81,200	76,700	105,400
Interest	10,900	10,900	10,900
Equipment purchases	40,500	13,000	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	$ 124,000
Cash receipts
Cash collections from credit sales
Total cash available
Cash disbursements
Purchases	$ 186,000
Wages, taxes, and expenses
Interest
Equipment purchases
Total cash disbursements