Oriole Corporation is projecting a cash balance of $31,200 in its December 31, 2021, balance sheet. Oriole's schedule of expected collections from customers for the first quarter of 2022 shows total collections of $192,400. The schedule of expected payments for direct materials for the first quarter of 2022 shows total payments of $44,720. Other information gathered for the first quarter of 2022 is sale of equipment $3,120; direct labor $72,800, manufacturing overhead $36,400, selling and administrative expenses $46,800; and purchase of securities $14,560. Oriole wants to maintain a balance of at least $26,000 cash at the end of each quarter. Prepare a cash budget for the first quarter. ORIOLE CORPORATION Cash Budget Total Disbursements Financing Total Receipts Disbursements Excess of Available Cash Over Cash Disbursements Collections from Customers Beginning Cash Balance Total Available Cash Ending Cash Balance Repayments A > $ A A > >> > >