Here are some important figures from the budget of Nashville Nougats, Incorporated, for the second quarter of 2023:

	April	May	June
Credit sales	$ 316,000	$ 296,000	$ 356,000
Credit purchases	124,000	147,000	172,000
Cash disbursements
Wages, taxes, and expenses	43,600	11,100	62,600
Interest	10,600	10,600	10,600
Equipment purchases	76,000	142,000	0

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 2023, credit sales were $186,000 and credit purchases were $126,000. Using this information, complete the following cash budget.

Note: Do not round intermediate calculations.

\begin{tabular}{|l|l|l|l|} \hline & \multicolumn{1}{|c|}{ April } & \multicolumn{1}{|c|}{ May } & June \\ \hline Beginning cash balance & $119,000 & & \\ \hline Cash receipts & & & \\ \hline Cash collections from credit sales & & & \\ \hline Total cash available & & & \\ \hline Cash disbursements & & & \\ \hline Purchases & & & \\ \hline Wages, taxes, and expenses & & & \\ \hline Interest & & & \\ \hline Equipment purchases & & & \\ \hline \multicolumn{1}{|c|}{ Total cash disbursements } & & & \\ \hline Ending cash balance & & & \\ \hline \hline \end{tabular}