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Using the following information: a . Beginning cash balance on March 1 , $ 8 1 , 0 0 0 . b . Cash recelpts

Using the following information:
a. Beginning cash balance on March 1,$81,000.
b. Cash recelpts from sales, $302,000.
c. Cash payments for direct materials, $135,000.
d. Cash payments for direct labor, $72,000.
e. Cash payments for overhead, $40,000.
f. Cash payments for sales commissions, $7,000
g. Cash payments for Interest, $120(1% of beginning loan balance of $12,000)
h. Cash repayment of loan, $12,000.
Prepare a cash budget for March for Gado Company.
\table[[GADO COMPANY,],[,,],[,,],[,,],[,,],[Total cash available,,],[Less: Cash payments for,,],[,,],[,,],[,,],[,,],[Total cash payments,,],[Preliminary cash balance,,],[Loan activity,,],[,,],[Ending cash balance,,],[Loan balance, end of month,,]]
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