Walter Company has the following information for the month of March $ 17.370 39.950 23.00 Cash balance, March 1 Collections from customers Paid to suppliers Manufacturing overhead Direct labor Selling and administrative expenses 8,600 Walter pays wages and other cash expenses in the month incurred Manufacturing overhead includes $1,550 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 $7,700 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 Beginning Cash Balance Budged Cash Catham