Learning Objective 4 Check Figure Balance and of March $15,600 Problem 27.2A Objective: To prepare a cash budget Moriarity Company shows the following data related to its cash for the first quarter of 20X3: Balance, January 1 $ 27,600 Collections on account: January 135 000 February 150,000 March 175.000 Cash sales January 12,500 February 18,500 March 14.500 Manufacturing costs: January 110,000 February 112.000 March 120.000 Operating expenses January 55,000 February 52 500 March 56.000 Interest received February 3000 Dividends paid March 15,000 Directions: Prepare a cash budget for the three-month period ending March 31, 20X3. 27-3A