Using the following information: a. Beginning cash balance on March 1, $79,000. b. Cash receipts from sales, $305,000. c. Cash payments for direct materials, $140,000. d. Cash payments for direct labor, $71,000. e. Cash payments for overhead, $38,000. f. Cash payments for sales commissions, $8,000 g. Cash payments for interest, $160 (1% of beginning loan balance of $16,000) h. Cash repayment of loan, $16,000. Prepare a cash budget for March for 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 GADO COMPANY Cash Budget March