Walter Company has the following information for the month of March: Cash balance, March 1 Collections from customers Paid to suppliers Manufacturing overhead Direct labor Selling and administrative expenses $17,820 41,450 23,300 7,100 8,750 5,200 Walter pays wages and other cash 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. ari direly. Walter also expects to Required: Prepare Walter'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