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

$\backslash$table$[[$Cash balance, March $1,16,920],[$Collections from customers,$38,450],[$Paid to suppliers,$22,700],[$Manufacturing overhead,$6,500],[$Direct labor,$8,450],[$Selling and administrative expenses,$4,600]]$

Walter pays wages and other cash expenses in the month incurred. Manufacturing overhead includes $$1,400$ for machinery depreciation, but the amount for selling and administrative expenses is exclusive of depreciation. Additionally. Walter also expects to buy a piece of property for $$7,400$ during March. Walter can borrow in increments of $$1,000$ and would like to maintain a minimum cash balance of $$10,000.$

Requlred:

Prepare Walter's cash budget for the month of March.

$\backslash$table$[[$Beginning Cash Balance,$],[$Budgeted Cash Receipts,$],[$Budgeted Cash Payments,$],[$Preliminary Cash Balance,$],[$Cash Borrowed,$],[$Ending cash balance,$]]$