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Using the following information: Beginning cash balance on March 1 , $ 7 3 , 0 0 0 . Cash receipts from sales, $ 3

Using the following information:
Beginning cash balance on March 1, $73,000.
Cash receipts from sales, $304,000.
Cash payments for direct materials, $133,000.
Cash payments for direct labor, $73,000.
Cash payments for overhead, $39,000.
Cash payments for sales commissions, $7,000
Cash payments for interest, $170(1% of beginning loan balance of $17,000)
Cash repayment of loan, $17,000.
Prepare a cash budget for March for Gado Company.

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