Recalculate Dynamic Mattress?s 2019 financing plan (Table 19.6), assuming that the firm wishes to maintain a minimum cash balance of $30 million instead of $25 million. Assume the firm can convince the bank to extend its line of credit to $105 million.

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Third Quarter: Flrst Second Fourth A. Cash Requlrements Cash requlred for operatlons Interest on bank loan Interest on stretched payables $135.6 $ 72.6 -$120.0 -$170.3 0.0 2.5 2.5 1.9 0.0 0.5 4.3 0.0 0.0 Repayments of last quarter's stretched payables 0.0 10.6 86.7 Lost Interest on sold securitles" 0.0 0.5 0.5 0.5 $135.6 $ 86.7 -$ 25.9 -$167.9 Total cash requlred B. Cash Ralsed In Quarter $100.0 $ 0.0 Bank loan 0.0 0.0 10.6 Stretched payables 86.7 0.0 0.0 Securitles sold 25.0 0.0 0.0 0.0 Total cash ralsed C. Repayments Of bank loan $ 0.0 $ 0.0 $135.6 $ 86.7 $ 74.1 $ 0.0 $ 25.9 0.0 D. Addition to Cash Balances and Security Holdings $ 0.0 $ 93.9 $ 0.0 $ 0.0 E. Bank Loan $ 74.1 24 $100.0 $100.0 Beginning of quarter 0.0 End of quarter 0.0 100.0 100.0 74.1 %24