50 points 1 Exercise 8-11 (Algo) Cash Budget Analysis [LO8-8] Check my work A cash budget, by quarters, is given below for a retail company (000 omitted). The company requires a minimum cash balance of at least $4,000 to start each quarter. Fill in the missing amounts. (Enter your answers in thousands of dollars. Cash deficiencies and Repayments should be indicated by a minus sign.) Quarter (000 omitted) eBook 1 2 3 4 (000 omitted) Year Cash balance, beginning $ 6 Print Add collections from customers 108 369 Total cash available 69 Less disbursements: References Purchase of inventory 47 57 31 Selling and administrative expenses 32 30 30 98 Equipment purchases 10 9 22 51 Dividends 2 2 2 2 Total disbursements 100 Excess (deficiency) of cash available over disbursements (5) 7 Financing: Borrowings 6 Repayments (including interest) * (13) Total financing Cash balance, ending Interest will total $1,000 for the year.