Riverbed Corporation is projecting a cash balance of $36,990 in its December 31, 2016, balance sheet. Riverbeds schedule of expected collections from customers for the first quarter of 2017 shows total collections of $228,105. The schedule of expected payments for direct materials for the first quarter of 2017 shows total payments of $53,019. Other information gathered for the first quarter of 2017 is sale of equipment $3,699; direct labor $86,310, manufacturing overhead $43,155, selling and administrative expenses $55,485; and purchase of securities $17,262. Riverbed wants to maintain a balance of at least $30,825 cash at the end of each quarter. Prepare a cash budget for the first quarter. (Do not leave any answer field blank. Enter 0 for amounts.)

RIVERBED CORPORATION Cash Budget