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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.

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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. \begin{tabular}{|l|l|l|} \hline \multicolumn{1}{|c|}{ GADO COMPANY } \\ \hline \multicolumn{1}{|c|}{ Cash Budget } \\ \hline & \\ \hline Total cash available & & \\ \hline Less: Cash payments for & \\ \hline & \\ \hline & & \\ \hline \end{tabular}

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