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Walter Company has the following information for the month of March: Waiter pays wages and other cash expenses in the month incurred. Manufacturing overhead includes

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Walter Company has the following information for the month of March: Waiter pays wages and other cash expenses in the month incurred. Manufacturing overhead includes $1,750 for machinery depreciation, but the amount for selling and administrative expenses is exclusive of depreciation. Additionally, Waiter also expects to buy a plece of property for $8,100 during March. Walter can borrow in increments of $1,000 and would like to maintain a minimum cash balance of $10,000 Required: Prepare Walter's cash budget for the month of March

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