Walter Company has the following information for the month of March: Cash halance, March 1 Collections from customers Paid to suppliers Manufacturing overhead Direct labor Selling arid adrinistrative expenses $16470 36 950 22,400 8,200 8,300 4.300 Walter pays all expenses in the month incurred Manufacturing overhead includes 1.250 or machinery depreciation but he amount or selling and administrative expenses is exclusive of depreciation. Additionally, Walter also expects to buy a piece of property for $7,100 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. Reginning Cash Balance Budgeted Cash Receipts Dudgeted Cash Payments Preliminary Cash Balance Cash Borrowed Ending cash balance