Current Attempt in Progress Pletcher 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 2020. 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. Beginning cash balance $32,700 Required minimum cash balance 27,250 Payment of income taxes (2nd quarter) 4,360 Professional salaries: 1st quarter 152,600 2nd quarter 152,600 Interest from investments (2nd quarter) 7,630 Overhead costs: 1st quarter 83,930 2nd quarter 109,000 Selling and administrative costs, including $2,180 depreciation: 1st quarter 54,500 2nd quarter 76,300 Purchase of equipment (2nd quarter) 54,500 Sale of equipment (1st quarter) 13,080 Collections from clients: 1st quarter 256,150 2nd quarter 414,200 Interest payments (2nd quarter) 218 Prepare a cash budget for each of the first two quarters of 2020. Prepare a cash budget for each of the first two quarters of 2020. PLETCHER DENTAL CLINIC Cash Budget 1st Quarter 2nd $ >