Sheridan 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 2022. 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.

Beginning cash balance		$34,200
Required minimum cash balance		28,500
Payment of income taxes (2nd quarter)		4,560
Professional salaries:
1st quarter		159,600
2nd quarter		159,600
Interest from investments (2nd quarter)		7,980
Overhead costs:
1st quarter		87,780
2nd quarter		114,000
Selling and administrative costs, including
$2,280 depreciation:
1st quarter		57,000
2nd quarter		79,800
Purchase of equipment (2nd quarter)		57,000
Sale of equipment (1st quarter)		13,680
Collections from patients:
1st quarter		267,900
2nd quarter		433,200
Interest payments (2nd quarter)		228

Prepare a cash budget for each of the first two quarters of 2022.

SHERIDAN DENTAL CLINIC Cash Budget choose the accounting period For the Month Ending June 30, 2022For the Two Quarters Ending June 30, 2022June 30, 2022
		1st Quarter		2nd Quarter
		$enter a dollar amount		$enter a dollar amount
		enter a dollar amount		enter a dollar amount
		enter a dollar amount		enter a dollar amount
		enter a dollar amount		enter a dollar amount
		enter a total amount for section one		enter a total amount for section one
		enter a total amount for the first part		enter a total amount for the first part
		enter a dollar amount		enter a dollar amount
		enter a dollar amount		enter a dollar amount
		enter a dollar amount		enter a dollar amount
		enter a dollar amount		enter a dollar amount
		enter a dollar amount		enter a dollar amount
		enter a total amount for section two		enter a total amount for section two
		enter a total amount for the second part		enter a total amount for the second part
		enter a dollar amount		enter a dollar amount
		enter a dollar amount		enter a dollar amount
		$enter a total amount for the cash budget		$enter a total amount for the cash budget