A cash budget, by quarter, is given below for a retail company (000 omitted). The company requires a minimum cash balance of $5,000 to start each quarter.

Required: Fill in the missing amounts in the table that follows: (Enter your answers in thousands of dollars. Input all amounts as positive values except cash deficiency, repayments, total financing (wherever negative) which should be indicated by a minus sign.)

Quarter Year 2 Cash balance, beginning Add collections from customers Total cash available Less disbursements 65 96 323 71 35 45 35 Purchase of inventory Selling and administrative expenses Equipment purchases Dividends 28 30 30 113 10 36 2 73 85 Total disbursements Excess (deficiency) of cash available over disbursements Financing 15 Borrowings (16) Repayments lotal financing Cash balance, ending For this exercise assume there will be no interest on any borrowings