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 GADO COMPANY Cash Budget March Total cash available Less Cash payments for Total cash payments s Loan activity 0 $ 0 Loan balance, end of month