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 $34,260 Required minimum cash balance 28,550 Payment of income taxes (2nd quarter) 4,568 Professional salaries: 1st quarter 159,880 2nd quarter 159,880 Interest from investments (2nd quarter) 7,994 Overhead costs: 1st quarter 87,934 2nd quarter 114,200 Selling and administrative costs, including $2,284 depreciation: 1st quarter 57,100 2nd quarter 79,940 Purchase of equipment (2nd quarter) 57,100 Sale of equipment (1st quarter) 13,704 Collections from clients: 1st quarter 268,370 2nd quarter 433,960 Interest payments (2nd quarter) 228

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 Required minimum cash balance Payment of income taxes (2nd quarter) Professional salaries $34,260 28,550 4,568 1st quarter 2nd quarter 159,880 159,880 7,994 Interest from investments (2nd quarter) Overhead costs 1st quarter 2nd quarter 87,934 114,200 Selling and administrative costs, including $2,284 depreciation 57,100 79,940 57,100 13,704 1st quarter 2nd quarter Purchase of equipment (2nd quarter) Sale of equipment (1st quarter) Collections from clients: 1st quarter 2nd quarter 268,370 433,960 228 Interest payments (2nd quarter) Prepare a cash budget for each of the first two quarters of 2017. (Do not leave any answer field blank. Enter 0 for amounts.)