Using the following information: a. Beginning cash balance on March 1, $77,000. b. Cash receipts from sales, $304,000. c. Cash payments for direct materials, $137,000. d. Cash payments for direct labor, $75,000. e. Cash payments for overhead, $41,000. f. Cash payments for sales commissions, $7,000 g. Cash payments for interest, $130 (1% of beginning loan balance of $13,000) h. Cash repayment of loan, $13,000. Prepare a cash budget for March for Gado Company. GADO COMPANY Total cash available Less: Cash payments for Total cash payments Preliminary cash balance Loan activity Cash Budget March 0 0 $ 0