ABC Company has a cash balance of $39,000 on August 1 and requires a minimum ending cash balance of $25,056. Cash receipts from sales budgeted for August are $245,056. Cash disbursements budgeted for August include inventory purchases, $31,000; other manufacturing expenses, $93,000; operating expenses, $42,000; bond retirements, $64,000; and dividend payments, $29,000. 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