Sunland 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		$28,200
Required minimum cash balance		23,500
Payment of income taxes (2nd quarter)		3,760
Professional salaries:
1st quarter		131,600
2nd quarter		131,600
Interest from investments (2nd quarter)		6,580
Overhead costs:
1st quarter		72,380
2nd quarter		94,000
Selling and administrative costs, including
$1,880 depreciation:
1st quarter		47,000
2nd quarter		65,800
Purchase of equipment (2nd quarter)		47,000
Sale of equipment (1st quarter)		11,280
Collections from patients:
1st quarter		220,900
2nd quarter		357,200
Interest payments (2nd quarter)		188

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