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Use the following information: a. Beginning cash balance on March 1, $73,000. b. Cash receipts from sales, $307,000. c. Budgeted cash payments for direct materials,$138,000

Use the following information: a. Beginning cash balance on March 1, $73,000. b. Cash receipts from sales, $307,000. c. Budgeted cash payments for direct materials,$138,000 d. Budgeted cash payments for direct labor $77,000. e. Other budgeted cash expenses, $41,000. f. Cash repayment of bank loan, $15,000

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