QS 20-24 (Algo) Manufacturing: Cash budget LO P2 Using the following information: a. Beginning cash balance on March 1, \$77,000. b. Cash receipts from sales, $301,000. c. Cash payments for direct materials, $132,000. d. Cash payments for direct labor, $78,000. e. Cash payments for overhead, $42,000. f. Cash payments for sales commissions, $8,000 g. Cash payments for interest, $110 ( 1% of beginning loan balance of $11,000) h. Cash repayment of loan, $11,000. Prepare a cash budget for March for Gado Company. h. Cash repayment of loan, $11,000. Prepare a cash budget for March for Gado Company