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

$$18,120$

$42,500$

$23,500$

$7,300$

$8,850$

$5,400$

Walter pays wages and other cash expenses in the month incurred. Manufacturing overhead includes $$1,800$ for machinery depreciation, but the amount for selling and administrative expenses is exclusive of depreciation. Additionally, Walter also expects to buy a piece of property for $$8,200$ during March. Walter can borrow in increments of $$1,000$ and would like to maintain a minimum cash balance of $$12,000$

Required:

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,$]]$