Shamrock Corporation is projecting a cash balance of $$31,000$ in its December $31,2021,$ balance shest. Shamrock's schedule of

expected collections from customers for the first quartar of $2022$ shavs total collections of $$184,000.$ The schedule of evpected

payments for diract matarials for the first quarter of $2022$ shows total paymants of $$37,000.$ Other information gathered for the first

quarter of $2022$ is as follows: sale of equipmant $$3,000$; dirsct labour $$79,000,$ manufacturing overhead $$38,000$; selling and

administrative expenses $$41,000$; and purchase of securities $$16,000.$ Shamrock wants to maintain a balance of at least $$27,000$ cash

at the end of each quartar.

Prepare a cash budset for the first quarter.

SHAMROCKCORPORATION

Cash Budret

For the First Quarter Ending March $31,2022$

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