A cash budget, by quarters, is given below for a retail company (000 omitted). The company requires a minimum cash balance of at least $10,000 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) 1 2 3 (000 omitted) Year Cash balance, beginning $ 7 $ 10 $ 10 $ 10 $ 37 Add collections from customers 113 391 Total cash available 72 Less disbursements: Purchase of inventory 52 62 28 Selling and administrative expenses 45 30 106 Equipment purchases 15 9 27 61 Dividends 2 2 2 2 Total disbursements Excess (deficiency) of cash available over disbursements Financing: Borrowings Repayments (including interest) * 118 (7) 11 14 (31) Total financing Cash balance, ending *Interest will total $1,000 for the year. < Prev 1 of 3 Next >