ABC Company has a cash balance of $$44,000$ on August $1$ and requires a minimum ending cash balance of $$30,716.$ Cash receipts

from sales budgeted for August are $$319,716.$ Cash disbursements budgeted for August include inventory purchases, $$46,000$; other

manufacturing expenses, $$123,000$; operating expenses, $$61,000$; bond retirements, $$69,000$; and dividend payments, $$34,000.$

Required:

Prepare a cash budget for ABC Company for August.