Here are some important figures from the budget of Nechako Nougats Inc. for the second quarter of 2017: April $374,400 148,900 May $349,500 169,300 June $420,500 200, 300 Credit sales Credit purchases Cash disbursements Wages, taxes, and expenses Interest Equipment purchases 54,340 12,580 88,800 70,300 12,580 135,000 75,170 12,580 0 The company predicts that 5% of its credit sales will never be collected, 35% of its sales will be collected in the month of the sale, and the remaining 60% will be collected in the following month. Credit purchases will be paid in the month following the purchase. In March 2017, credit sales were $235,000, and credit purchases were $161,300. Using this information, complete the following cash budget: (Do not round intermediate calculations. Do not leave any empty spaces; input a 0 wherever it is required. Omit $ sign in your response.) May June April $135,000 $ $ $ $ $ $ $ $ Beginning cash balance Cash receipts Cash collections from credit sales Total cash available Cash disbursements Purchases Wages, taxes, and expenses Interest Equipment purchases Total cash disbursements Ending cash balance $ $ $