6. A cash budget, by quarters, follows for a retail company. Fill in the missing amounts (000 omitted) in the shaded areas. The company requires a minimum cash balance of at least $80 thousand to start each quarter.

(25)

1 2 3 4 YEAR

Cash balance, beginning $140 $128 $80

Add collections from customers 700 670 850

Total cash available 798 930

Less disbursements:

Purchase of inventory 210 350 1,170

Operating expenses 250 220 150 900

Equipment purchases 200 140 98 0

Dividends 0 60 0 50

Total disbursements 660 600

Excess (deficiency) of cash available over disbursements 60 150 70 330

Financing:

Borrowings 0 10 0

Repayments (including interest)* 0 0 <11>

Total financing 10 <11>

Cash balance, ending $80 $80 $319

*Interest will total $3 thousand for the year.