Walter Company has the following information for the month of March:

Cash balance, March 1	$	17,820
Collections from customers		41,450
Paid to suppliers		23,300
Manufacturing overhead		7,100
Direct labor		8,750
Selling and administrative expenses		5,200

Walter pays all expenses in the month incurred. Manufacturing overhead includes $1,700 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 $8,000 during March. Walter can borrow in increments of $1,000 and would like to maintain a minimum cash balance of $11,000. Required: Prepare Walters cash budget for the month of March

Beginning Cash Balance
Budgeted Cash Receipts
Budgeted Cash Payments
Preliminary Cash Balance
Cash Borrowed
Ending cash balance