ABC Company has a cash balance of $38,000 on August 1 and requires a minimum ending cash balance of $27,696. Cash receipts from sales budgeted for August are $207,696. Cash disbursements budgeted for August include inventory purchases, $30,000; other manufacturing expenses, $56,000; operating expenses, $41,000; bond retirements, $63,000; and dividend payments, $28,000. Required: Prepare a cash budget for ABC Company for August. Beginning cash balance Cash Receipts: Total cash available Cash Disbursements. Total cash disbursements

ABC Company has a cash balance of \\( \\$ 38,000 \\) on August 1 and requires a minimum ending cash balance of \\( \\$ 27,696 \\). Cash receipts from sales budgeted for August are \\( \\$ 207,696 \\). Cash disbursements budgeted for August include inventory purchases, \\( \\$ 30,000 \\); other manufacturing expenses, \\( \\$ 56,000 \\); operating expenses, \\( \\$ 41,000 \\); bond retirements, \\( \\$ 63,000 \\); and dividend payments, \\( \\$ 28,000 \\). Required: Prepare a cash budget for ABC Company for August