A cash budget, by quarters, is given below for a retail company (000 omitted). The company requires a minimum cash balance of at least $6,000 to start each quarter. Fill in the missing

amounts.

Exercise 8-11 Cash Budget Analysis [LO8-8) A cash budget, by quarters, is given below for a retail company (000 omitted). The company requires a minimum cash balance of at least $6,000 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) (000 omitted) Year 2 6 $ 6 $ Cash balance, beginning Add collections from customers Total cash available Less disbursements 98 325 59 67 29 47 30 10 2 89 37 Purchase of inventory Selling and administrative expenses Equipment purchases Dividends 103 30 12 2 9 2 2 Total disbursements Excess (deficiency) of cash available over disbursements Financing 14 15 Borrowings Repayments (including interest) Total financing Cash balance, ending nterest will total $1,000 for the year