ABC Company has a cash balance of $34,000 on August 1 and requires a minimum ending cash balance of $23,032. Cash receipts from sales budgeted for August are $199,032. Cash disbursements budgeted for August include inventory purchases, $26,000; other manufacturing expenses, $61,000; operating expenses, $40,000; bond retirements, $59,000; and dividend payments, $24,000. Required: Prepare a cash budget for ABC Company for August