10 Total $10.00 The comparis beginning och balance to commcalar will be too, the company namunalac of St.000 borowonymoureded from a local banks of the way amoort at the beginning of arter and my spots or any part of the end of write neste me dor on any omdat het is iepaid for imploty, assume that interest to compounded Required: Prepare the company's cash budget for the upcoming Escal yeux repayments and interest, should be indicated by a minus sign) Opor Cash Budget Telut In 3rd Quarter Ort ng 5.000 10.00012020 cos 200 000 6000 310000 350.000 1000 30 Total 34 HOOG 30400 Ecco Chords (12.000 4000 12.10 118.130 Fans Bogs 20.000 Rent 20 000 11743 29.000 TO DO O 10.000 tengah 5.2005 92105 SOT S000 10 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Total cash receipts $ 280,000 $ 400.000 $ 330,000 $ 350,000 Total cash disbursements $ 314,000 $ 304,000 $ 324,000 The company's beginning cash balance for the upcoming fiscal year will be $45.000. The company requires a minimum cash balance of $10,000 and may borrow any amount needed from a local bank at a quarterly interest rate of 3%. The company may borrow any amount at the beginning of any quarter and may repay its loans, or any part of its loans, at the end of any quarter Interest payments are due on any principal at the time it is repaid. For simplicity, assume that interest is not compounded. Required: Prepare the company's cash budget for the upcoming fiscal year (Repayments, and interest, should be indicated by a minus sign.) Year Garden Depot Cash Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter $ 45,000 s 10,000 $ 66, 130s 92 130 280.000 400,000 330.000 350,000 325 000 410.000 396. 130 442.130 344 000 314,000 304 000 324.000 (19,000) 96.000 92.130 118.130 Beginning cash balance Total cash receipts Total cash available Total cash disbursements Excess (deficiency) of cash available over disbursements Financing Borrowings Repayments Interest Total financing Ending cash balance 29 000 0 0 (29,000) (1740) (30.740) 65.2005 0 20 000 100005 0 92. 130 118 130 $ 10 Total $10.00 The comparis beginning och balance to commcalar will be too, the company namunalac of St.000 borowonymoureded from a local banks of the way amoort at the beginning of arter and my spots or any part of the end of write neste me dor on any omdat het is iepaid for imploty, assume that interest to compounded Required: Prepare the company's cash budget for the upcoming Escal yeux repayments and interest, should be indicated by a minus sign) Opor Cash Budget Telut In 3rd Quarter Ort ng 5.000 10.00012020 cos 200 000 6000 310000 350.000 1000 30 Total 34 HOOG 30400 Ecco Chords (12.000 4000 12.10 118.130 Fans Bogs 20.000 Rent 20 000 11743 29.000 TO DO O 10.000 tengah 5.2005 92105 SOT S000 10 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Total cash receipts $ 280,000 $ 400.000 $ 330,000 $ 350,000 Total cash disbursements $ 314,000 $ 304,000 $ 324,000 The company's beginning cash balance for the upcoming fiscal year will be $45.000. The company requires a minimum cash balance of $10,000 and may borrow any amount needed from a local bank at a quarterly interest rate of 3%. The company may borrow any amount at the beginning of any quarter and may repay its loans, or any part of its loans, at the end of any quarter Interest payments are due on any principal at the time it is repaid. For simplicity, assume that interest is not compounded. Required: Prepare the company's cash budget for the upcoming fiscal year (Repayments, and interest, should be indicated by a minus sign.) Year Garden Depot Cash Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter $ 45,000 s 10,000 $ 66, 130s 92 130 280.000 400,000 330.000 350,000 325 000 410.000 396. 130 442.130 344 000 314,000 304 000 324.000 (19,000) 96.000 92.130 118.130 Beginning cash balance Total cash receipts Total cash available Total cash disbursements Excess (deficiency) of cash available over disbursements Financing Borrowings Repayments Interest Total financing Ending cash balance 29 000 0 0 (29,000) (1740) (30.740) 65.2005 0 20 000 100005 0 92. 130 118 130 $