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Using the following information: a . Beginning cash balance on March 1 , $ 7 2 , 0 0 0 . b . Cash receipts

Using the following information:
a. Beginning cash balance on March 1, $72,000.
b. Cash receipts from sales, $300,000.
c. Cash payments for direct materials, $140,000.
d. Cash payments for direct labor, $80,000.
e. Cash payments for overhead, $45,000.
f. Cash payments for sales commissions, $7,000.
g. Cash payments for interest, $200(1% of beginning loan balance of $20,000.
h. Cash repayment of loan, $20,000.
Prepare a cash budget for March for Gado Company.
\table[[GADO COMPANY,],[,Cash Budget],[Total cash available,],[Less: Cash payments for,]]
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