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. $32,310 26,925 4,308 150,780 150,780 7,539 82,929 107,700 Beginning cash balance Required minimum cash balance Payment of income taxes (2nd quarter) Professional salaries: 1st quarter 2nd quarter Interest from investments (2nd quarter) Overhead costs: 1st quarter 2nd quarter Selling and administrative costs, including $2,154 depreciation: 1st quarter 2nd quarter Purchase of equipment (2nd quarter) Sale of equipment (1st quarter) Collections from clients: 1st quarter 2nd quarter Interest payments (2nd quarter) 53,850 75,390 53,850 12,924 253,095 409,260 215 Prepare a cash budget for each of the first two quarters of 2017. (Do not leave any answer field blank. Enter O for amounts.) PLETCHER DENTAL CLINIC Cash Budget 1st Quarter 2nd Quarter