A cash budget, by quarters, is given below for a retail company (000 omitted) The company requires a minimum cash balance of at least $4,000 to start each quarter Fill in the missing amounts Quarter 1 (000 omitted) Quarter 2 (000 omitted) Quarter 3 (000 omitted) Quarter 4 (000 omitted) Year (000 omitted) Cash balance, beginning $8 Add collections from customers 102 357 Total cash available 83 Less disbursements Purchase of inventory 41 51 33 Selling and administrative expenses 32 30 112 Equipment purchases 13 8 16 47 Dividends 2 2 2 2 Total disbursements 93 Excess (deficiency) of cash available over disbursements (3) 10 Financing Borrowings 11 Repayments (including interest) (13) Total financing Cash balance, ending Interest will total $1,000 for the year

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A cash budget, by quarters, is given below for a retail company (000 omitted). The company requires a minimum cash balance of at least $4,000

A cash budget, by quarters, is given below for a retail company (000 omitted). The company requires a minimum cash balance of at least $4,000 to start each quarter. Fill in the missing amounts.

	Quarter 1 (000 omitted)	Quarter 2 (000 omitted)	Quarter 3 (000 omitted)	Quarter 4 (000 omitted)	Year (000 omitted)
Cash balance, beginning	$8
Add collections from customers			102		357
Total cash available	83
Less disbursements:
Purchase of inventory	41	51		33
Selling and administrative expenses		32	30		112
Equipment purchases	13	8	16		47
Dividends	2	2	2	2
Total disbursements		93
Excess (deficiency) of cash available over disbursements	(3)		10
Financing:
Borrowings		11
Repayments (including interest)*				(13)
Total financing
Cash balance, ending
*Interest will total $1,000 for the year.