ABC Company has a cash balance of $36,000 on August 1 and requires a minimum ending cash balance of $22,610. Cash receipts from sales budgeted for August are $251,610. Cash disbursements budgeted for August include inventory purchases, $28,000; other manufacturing expenses, $108,000; operating expenses, $42,000; bond retirements, $61,000; and dividend payments, $26,000. Required: Prepare a cash budget for ABC Company for August. August Beginning cash balance Cash Receipts: Total cash available Cash Disbursements: Total cash disbursements Ending cash balance