Swifty Corporation is projecting a cash balance of $$32,400$ in its December $31,2021,$ balance sheet. Swifty's schedule of expected collections from customers for the first quarter of $2022$ shows total collections of $$199,800.$ The schedule of expected payments for direct materials for the first quarter of $2022$ shows total payments of $$46,440.$ Other information gathered for the first quarter of $2022$ is sale of equipment $$3,240$; direct labor $$75,600,$ manufacturing overhead $$37,800,$ selling and administrative expenses $$48,600$; and purchase of securities $$15,120.$ Swifty 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.