I need help with the following problem Deitz Corporation is projecting a cash ba

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I need help with the following problem

Deitz Corporation is projecting a cash balance of Dollar 37,200 in its December 31, 2016, balance sheet. Deitz's schedule of expected collections from customers for the first quarter of 2017 shows total collections of Dollar 229,400. The schedule of expected payments for direct materials for the first quarter of 2017 shows total payments of Dollar 53,320. Other information gathered for the first quarter of 2017 is sale of equipment Dollar 3,720; direct labor S86,800, manufacturing overhead S43,400, selling and administrative expenses Dollar 55,800; and purchase of securities Dollar 17,360. Deitz wants to maintain a balance of at least Dollar 31,000 cash at the end of each quarter. Prepare a cash budget for the first quarter. (Do not leave any answer field blank. Enter O for amounts.)

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I need help with the following problem Deitz Corporation is projecting a cash ba

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