Agarwal, Incorporated, has a 50-day average collection period and wants to maintain a minimum cash balance...

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Agarwal, Incorporated, has a 50-day average collection period and wants to maintain a minimum cash balance of $40 million, which is what the company currently has on hand. The company currently has a receivables balance of $198 million and has developed the following sales and cash disbursement budgets (in millions): Sales Total cash disbursement Q1 $ 459 Q2 $ 531 Q3 $ 612 Q4 $ 576 302 466 720 477 Complete the following cash budget for the company. Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers in millions rounded to the nearest whole million dollar amount, e.g., 32. AGARWAL, INCORPORATED Q1 Beginning receivables Sales Cash collections Ending receivables Cash Budget (in millions) 459 Q2 531 Q3 612 Q4 576 Total cash collections Total cash disbursements 302 466 720 477 Net cash inflow Beginning cash balance Net cash inflow Ending cash balance Minimum cash balance Cumulative surplus (deficit) Agarwal, Incorporated, has a 50-day average collection period and wants to maintain a minimum cash balance of $40 million, which is what the company currently has on hand. The company currently has a receivables balance of $198 million and has developed the following sales and cash disbursement budgets (in millions): Sales Total cash disbursement Q1 $ 459 Q2 $ 531 Q3 $ 612 Q4 $ 576 302 466 720 477 Complete the following cash budget for the company. Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers in millions rounded to the nearest whole million dollar amount, e.g., 32. AGARWAL, INCORPORATED Q1 Beginning receivables Sales Cash collections Ending receivables Cash Budget (in millions) 459 Q2 531 Q3 612 Q4 576 Total cash collections Total cash disbursements 302 466 720 477 Net cash inflow Beginning cash balance Net cash inflow Ending cash balance Minimum cash balance Cumulative surplus (deficit)