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. X Answer is not complete. August Beginning cash balance Cash Receipts: Cash collections from sales Total cash available Cash Disbursements: For payment of dividends For payment of inventory purchases For payment of operating expenses For payment of other manufacturing expenses For payment to retire bond Total cash disbursements Borrowings Excess of available cash over disbursements