Walter Company has the following informaion for the month of March: Cash balance, March 1 Collections from customers Paid to suppliers 17,070 38.950 22 800 6,800 8,500 4.700 Diruct labor Sclling and administrativc cxpenscs Walter pays all expenses in the month incured. Manufacturing overhead includes $1,450 for machinery depreciation, but the amount for selling and administrative expenses is exclusive of depreciation. Additionally, Walter also expects to buy a piece of property for $7.500 during March. Walter can borrow in increments of S1,000 and would like to maintain a minimum cash balance of $10,000. Required Prepare Walter's cash budget for the month of March. Bcginning Cash Balancc Budgoted Cash Recoipts Budgeted Cash Payments Proliminary Cash Belance Ending cash balance