a. Cash collections from services in July, August, and September, are projected to be $93,000, $150,000, and $123,000 respectively. b. Cash payments for the upcoming third quarter are projected to be $147,000 in July, $100,000 in August, and $137,000 in September c. The cash balance as of the first day of the third quarter is projected to be $38,000. d. The health center has a policy that it must maintain a minimum cash balance of $27,000. The health center has a line of credit with the local bank that allows it to borrow funds in months that it would not otherwise have its minimum balance. If the company has more than its minimum balance at the end of any given month, it uses the excess funds to pay off any outstanding line of credit balance. Each month, Sweeney Health Center pays interest on the prior month's line of credit ending balance. The actual interest rate that the health center will pay floats since it is tied to the prime rate. However, the interest paid during the budget period is expected to be 3% of the prior month's line of credit ending balance (if the company did not have an outstanding balance at the end of the prior month, then the health center does not have to pay any interest). All line of credit borrowings are taken by the end of the month (when the the cash balance has not met its minimum balance), or paid off by the end of the month (when the cash balance is sufficient). As of the first day of the third quarter, Sweeney Health Center did not have a balance on its line of credit a y en Carter provides a vanety of medical services. The company is preparing to cach budget for the upcoming third quarter. The following transactions we cupaded to occur. Click the icon to view the expected transaction Requirement Prepare a combined cash budget for en Houten Center for the third quarter, with a column for action and for the counter tout en rout field is not used in the table for the puts ondo motor a zero se permite mesto gatve nang cables More info Sweney Health Center Combined Cash Budget For the Month of July through September Dengah Powice Titaw Cash collections from services in Ay, August, and Sesterber, we projected to be $3.000, 160,000 and $25.000 respectively b. Carin payments for the upcoming third quarter are projected to be $147,000 $100.000 in August and September The chances of the four day of the wind Garteris projected to be 5.000 d. The center has that man a minum cash balance 7.000 The other has a line of code with the bank that low to how the wider have a balance the company has more thane at the end of any gente de to pay off and of credit banc. Each month wooney Heather or the price montre ordinanding and the were the two way we were we How dung period expected to be free ha fedhave and the month one not have to pay any inter line of wine by the end of the month the theme torrady end of the month on the main contact me rady wird unter Sverrey Centered the balance of credit Endinganlig France wo Print Done