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Here are some important figures from the budget of Nashville Nougats, Incorporated, for the second quarter of 2022: April May June Credit sales $ 410,000

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

April May June
Credit sales $ 410,000 $ 359,000 $ 447,000
Credit purchases 187,000 175,000 208,000
Cash disbursements
Wages, taxes, and expenses 80,500 76,000 104,700
Interest 10,200 10,200 10,200
Equipment purchases 37,000 9,500 155,000

The company predicts that 5 percent of its credit sales will never be collected, 35 percent of its sales will be collected in the month of the sale, and the remaining 60 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 $337,000.

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.

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