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ABC Company has a cash balance of $ 3 3 , 0 0 0 on August 1 and requires a minimum ending cash balance of

ABC Company has a cash balance of $33,000 on August 1 and requires a minimum ending cash balance of $19,192. Cash receipts from sales budgeted for August are $205,192. Cash disbursements budgeted for August include inventory purchases, $25,000; other manufacturing expenses, $60,000; operating expenses, $53,000; bond retirements, $58,000; and dividend payments, $23,000.
Required:
Prepare a cash budget for ABC Company for August.
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