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ABC Company has a cash balance of $ 2 7 , 0 0 0 on August 1 and requires a minimum ending cash balance of

ABC Company has a cash balance of $27,000 on August 1 and requires a minimum ending cash balance of $13,280. Cash receipts from sales budgeted for August are $227,280. Cash disbursements budgeted for August include inventory purchases, $42,000; other manufacturing expenses, $80,000; operating expenses, $50,000; bond retirements, $52,000; and dividend payments, $17,000.
Required:
Prepare a cash budget for ABC Company for August.
\table[[,August],[Beginning cash balance,],[Cash Receipts:,],[,$
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