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5.2.95 of 30 pts Samson Health Center provides a variety of medical services. The company's preparing is cash budget for the upcoming id quarter. The

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5.2.95 of 30 pts Samson Health Center provides a variety of medical services. The company's preparing is cash budget for the upcoming id quarter. The following transactions we expected to our (Click the icon to view the expected transactions) Requirement Prepare a combined cash budget for Samson Health Center for the third quarter with a column for each month and for the quarter total. Ia box is not used in the leave the boxy, do not res. Une parter for negative ending cash balance) 0 * More Info Samson Health Center Combined Cash Budget For the Months of July through September July Beginning balance of cash Plus: Cash collections Total cash available Less: Cash payments Ending cash balance before financing Financing Plus: New borrowings Less: Debt repayments Less: Interest payments Ending cash balance a. Cash collections from services in My, August, and September, are projected to be $95.000, 151,000, and $129.000 respectively b. Cash payments for the upcoming third quarter are projected to be $147.000 y 102.000 in Augat, and 12.000 September c. The cash balances of the first day of the third quarter is projected to be $30,000 d. The health center has a policy that it must maintain a minimum cash balance of $25,000 The health center has a line of credit with the local bark that allows to borrow funds in more that would not otherwise have its minimum balance. If the company has more than a minimum balance at the end of any given Counds to pay off any outstanding in for blanc. Each month, Samson Hen Carter pays on the mont's ine of credending balance. The actual interest rate that the health center will pay foals since is tudtopine rate. However, the interest paid during the budget period is expected to be 13 of the promotis nerededing balance if the company did not have an outstanding balance at the end of the per month, then the health center does not have to pay any interest) Aline of credit borrowings are taken or ped off on the day of the months of the first day of the third quarter, Samson Health Center did not have a balance on its line of crear Print Done

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