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

Cash balance, March $

Collections from customers

Paid to suppliers

Manufacturing overhead

Direct labor

Selling and administrative expenses

Walter pays wages and other cash expenses in the month incurred. Manufacturing overhead includes $ 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 $ during March. Walter can borrow in increments of $ and would like to maintain a minimum cash balance of $

Required:

Prepare Walters cash budget for the month of March.