Pletcher Dental Clinic is a medium-sized dental service specializing in family dental care. The clinic is currently preparing the master budget for the first 2 quarters of 2020. All that remains in this process is the cash budget. The following information has been collected from other portions of the master budget and elsewhere.

Beginning cash balance		$32,700
Required minimum cash balance		27,250
Payment of income taxes (2nd quarter)		4,360
Professional salaries:
1st quarter		152,600
2nd quarter		152,600
Interest from investments (2nd quarter)		7,630
Overhead costs:
1st quarter		83,930
2nd quarter		109,000
Selling and administrative costs, including
$2,180 depreciation:
1st quarter		54,500
2nd quarter		76,300
Purchase of equipment (2nd quarter)		54,500
Sale of equipment (1st quarter)		13,080
Collections from clients:
1st quarter		256,150
2nd quarter		414,200
Interest payments (2nd quarter)		218

Prepare a cash budget for each of the first two quarters of 2020