Agarwal, Incorporated, has a 40-day average collection period and wants to maintain a minimum cash balance of $30 million, which is what the company currently has on hand. The company currently has a receivables balance of $200 million and has developed the following sales and cash disbursement budgets (in millions): Sales Total cash disbursement Beginning receivables Sales Cash collections Ending receivables Total cash collections Total cash disbursements Net cash inflow Beginning cash balance Net cash inflow Q1 $ 477 349 Ending cash balance Minimum cash balance Cumulative surplus (deficit) Q2 $ 549 491 Complete the following cash budget for the company. Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers in millions rounded to the nearest whole million dollar amount, e.g., 32. Q1 Q3 $ 630 754 AGARWAL, INCORPORATED Cash Budget (in millions) 477 Q4 $ 594 488 349 Q2 549 491 Q3 630 754 Q4. 594 488

Agarwal, Incorporated, has a 40 -day average collection period and wants to maintain a minimum cash balance of $30 million, which is what the company currently has on hand. The company currently has a recelvables balance of $200 million and has developed the following sales and cash disbursement budgets (in millions): Complete the following cash budget for the company. Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers in millions rounded to the nearest whole million dollar amount, e.g., 32