Splish Corporation is projecting a cash balance of $33,000 in its December 31, 2021, balance sheet. Splish's schedule of expected collections from customers for the first quarter of 2022 shows total collections of $179.000. 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 $2,000; direct labour $77,000, manufacturing overhead $34,000: selling and administrative expenses $43,000; and purchase of securities $14,000. Splish 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. SPLISH CORPORATION Cash Budget For the First Quarter Ending March 31, 2022 SPLISH CORPORATION Cash Budget For the First Quarter Ending March 31, 2022 $