Shamrock Corporation is projecting a cash balance of $31,000 in its December 31,2021 , balance sheet. Shamrock's schedule of expected collections from customers for the first quarter of 2022 shows total collections of $184,000. The schedule of expected payments for direct materials for the first quarter of 2022 shows total payments of $37,000. Other information gathered for the first quarter of 2022 is as follows: sale of equipment $3,000; direct 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 quarter. Prepare a cash budget for the first quarter