WileyPLUS Kimmel, Survey of Accounting, te FMG 1116 WO2dward 2010 ACCOUNTING FOR MANAGERS (MGT315) CALCULATOR STANDARD VIEW PRINTER VERSION BACK NEXT Question Bramble Dental Clinic is a medium-sized dental service specializing in family dental care. The clinic is currently preparing the master budget for the first 2 quarters of 2017. All that remains in this process is the cash budget. The following information has been collected from other portions of the master budget and elsewhere. $34,260 28,550 4,568 159,880 159,880 7,994 87,934 114,200 Beginning cash balance Required minimum cash balance Payment of income taxes (2nd quarter) Professional salaries: 1st quarter 2nd quarter Interest from investments (2nd quarter) Overhead costs: 1st quarter 2nd quarter Selling and administrative costs, including $2,284 depreciation: 1st quarter 2nd quarter Purchase of equipment (2nd quarter) Sale of equipment (1st quarter) Collections from patients: 1st quarter 2nd quarter Interest payments (2nd quarter) 57,100 79,940 57,100 13,704 268,370 433,960 228 Prepare a cash budget for each of the first two quarters of 2017. (Do not leave any answer field blank. Enter o for amounts.) BRAMBLE DENTAL CLINIC Cash Budget 1st Quarter 2nd Quarter $ Duyet for each of the first two quarters of 2017. (Do not leave any answer field blank. Enter for amounts.) BRAMBLE DENTAL CLINIC Casb Budget 1st Quarter 2nd Quarter 5 Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used