Vaughn Dental Clinic is a medium-sized dental service specializing in family dental care. The clinic is currently preparing the master budget for the first 2 quarters of 2022. All that remains in this process is the cash budget. The following information has been collected from other portions of the master budget and elsewhere. $29.400 24,500 Beginning cash balance Required minimum cash balance Payment of income taxes (2nd quarter) Professional salaries: 3,920 1st quarter 137,200 2nd quarter 137,200 Interest from investments. 2nd quarter) 6,860 Overhead costs: 75,460 98,000 Overhead costs: 1st quarter 2nd quarter Selling and administrative costs, including $1,960 depreciation: 1st quarter 2nd quarter Purchase of equipment (2nd quarter) 49,000 68,600 49.000 Sale of equipment (1st quarter) 11.760 Collections from patients! 1st quarter 230,300 2nd quarter 372,400 149.000 11.760 Purchase of equipment (2nd quartery Sale of equipment (1st quarter) Collections from patients: 1st quarter 2nd quarter Interest payments (2nd quarter) 230,300 372,400 196 Prepare a cash budget for each of the first two quarters of 2022 VAUGHN DENTAL CLINIC Cash Budget qu Quarter 2nd Quart 00 Prepare a cash budget for each of the first two quarters of 2022. VAUGHN DENTAL CLINIC Cash Budget 14 Quarter 200 Quart > >