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 2017. 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		$32,310
Required minimum cash balance		26,925
Payment of income taxes (2nd quarter)		4,308
Professional salaries:
1st quarter		150,780
2nd quarter		150,780
Interest from investments (2nd quarter)		7,539
Overhead costs:
1st quarter		82,929
2nd quarter		107,700
Selling and administrative costs, including
$2,154 depreciation:
1st quarter		53,850
2nd quarter		75,390
Purchase of equipment (2nd quarter)		53,850
Sale of equipment (1st quarter)		12,924
Collections from clients:
1st quarter		253,095
2nd quarter		409,260
Interest payments (2nd quarter)		215

Prepare a cash budget for each of the first two quarters of 2017. (Do not leave any answer field blank. Enter 0 for amounts.)

PLETCHER DENTAL CLINIC Cash Budget 1st Quarter 2 nd Quarter Co