Walter Company has the following information for the month of March: Camh ba lance, March 1 Collections from customers Paid to suppliers Manufacturing overhead Direct labor Selling and administrative expenses $17.670 40,950 23,200 7.000 8,700 5,100 Walter pays wages and other cash expenses in the month incurred. Manufacturing overhead includes $1,650 for machinery depreciation, but the amount for selling and administrative expenses is exclusive of depreciation. Additionally, Walter also expects to buy a plece of property for $7,900 during March. Walter con borrow in increments of $1,000 and would like to maintain a minimum cash balance of $10,000 Required: Prepare Wolter's cash budget for the month of March. Beginning Cash Balance Budgeted Cash Receipts Budgeted Cash Payments Preliminary Cash Balance Cash Borrowed Ending cash balance