Here are some important gures from the budget of Crenshaw, Inc_, for the second quarter of 2019: April May June Credit sales $ 417,000 $366,000I $454,000 Credit purchases 194,000 182,000 215,000 Cash disbursements wages' taxes' and 81,200 76,700 105,400 expenses Interest 10,900 10,900I 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 2019, credit sales were $344,000. Using this information, complete the following cash budget. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g.. 32.] April Beginning cash balance 124.000 Cash receipts Cash collections from credit sales Total cash available Cash disbursements Purchases $ Wages. taxes. and expenses nterest Equipment purchases Total cash disbursements Ending cash balance