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

April May June

Credit sales	$ 399,000	$ 348,000	$ 436,000
Credit purchases	176,000	164,000	197,000
Cash disbursements
Wages, taxes, and expenses	79,400	74,900	103,600
Interest	9,100	9,100	9,100
Equipment purchases	31,500	4,000	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.