Pletcher Dental Clinic is a medium-sized dental service specializing in family dertal 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. 536,300 30,250 4,340 169,400 169,400 8,470 93,170 121,000 beginning cash balance Required minimum cash balance Fayment of income taxes (2nd quarter) Professional salaries: 1st quarter 2nd Quarter Interest from investments (2nd quarter) Overhead costs: 1st quarter 2nd quarter Seling and administrative costs, including S2,420 depreciation: 1st quarter 2nd quarter Purchase of ecuipment (2nd quarter) Sale of equipment (:st quarter) Colections from clients: 1st quarter 211d quarter Interest payments (2nd quarter) 60,500 84,700 60,500 14,520 284,350 459,800 242 Prepere a cash budget for each of the first two quarters of 2020. PLETCHER DENTAL CLINIC Cash Budget 1st Quarter 2nd Quarter 1