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Thank you for your help! Problem 27-2A Objective: To prepare a cash budget Moriarity Company shows the following data related to its cash for the

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Problem 27-2A Objective: To prepare a cash budget Moriarity Company shows the following data related to its cash for the first quarter of 20X3: Balance, January 1 $ 27,600 Collections on account: January 135,000 February 150,000 March 175,000 Cash sales: January 12,500 February 18,500 March 14,500 Manufacturing costs: January 110,000 February 112,000 March 120,000 Operating expenses: January 55,000 February 52,500 March 56,000 Interest received: February 3,000 Dividends paid: March 15,000 Directions: Prepare a cash budget for the three-month period ending March 31, 20X3

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