Vaughn Corporation is projecting a cash balance of $29,400 in its December 31, 2021, balance sheet. Vaughns schedule of expected collections from customers for the first quarter of 2022 shows total collections of $181,300. The schedule of expected payments for direct materials for the first quarter of 2022 shows total payments of $42,140. Other information gathered for the first quarter of 2022 is sale of equipment $2,940; direct labor $68,600, manufacturing overhead $34,300, selling and administrative expenses $44,100; and purchase of securities $13,720. Vaughn wants to maintain a balance of at least $24,500 cash at the end of each quarter. Prepare a cash budget for the first quarter.

VAUGHN CORPORATION Cash Budget choose the accounting period March 31, 2022For the Month Ended March 31, 2022For the Quarter Ended March 31, 2022
select an opening cash budget item		$enter a dollar amount
select between addition and deduction
select a cash budget item		enter a dollar amount
select a cash budget item		enter a dollar amount
select a closing name for section one		enter a total amount for section one
select a summarizing line for the first part		enter a total amount for the first part
select between addition and deduction
select a cash budget item		enter a dollar amount
select a cash budget item		enter a dollar amount
select a cash budget item		enter a dollar amount
select a cash budget item		enter a dollar amount
select a cash budget item		enter a dollar amount
select a closing name for section two		enter a total amount for section two
select a summarizing line for the second part		enter a total amount for the second part
select an opening name for section three
select between addition and deduction		enter a dollar amount
select between addition and deduction		enter a dollar amount
select a closing cash budget item		$enter a total amount for the cash budget