Benthield Health Center provides a variety of medical services. The company is preparing its cash budget for the upcoming third quarter. The following transactions are expected to occur 1 Click the loon lo view the expected transactions.) Requirement Prepare a combined cash budget for Bentfield Health Center for the third quarter, with a column for each month and for the quarter totala box is not used in the table leave the box empty, do not enterreroUse paren for negative ending cash balances) More Info Bentfield Health Center Combined Cash Budget For the Months of July through September Beginning balance of cash Plus: Cash collections Total cash available Less: Cash payments Ending cash balance before financing Financing Plus: New borrowings Less: Debt repayments a. Cash collections from services in July August, and September, are projected to be $90,000, 5151.000 and $129,000 respectively b. Cash payments for the upcoming third quarter are projected to be $144,000 in July $108.000 in August, and $139.000 in September c. The cash balance as of the first day of the third quarter is projected to be $30,000 d. The health center has a policy that must maintain a minimum cash balance of $23.000 The health center has a line of credit with the local bank that allows it to borrow funds in months that it would not otherwise have its minimum balance. If the company has more than its minimum balance at the end of any given month uses the excess funds to pay off any outstanding line of credit balance. Each month, Bondeld Health Center pays interest on the prior month's line of credit ending balance. The actual interest rate that the health center will pay foals sincetis Sed to the prime rate. However, the interest paid during the budget period is expected to be 2% of the prior month's line of credit ending balance of the company did not have an outstanding balance at the end of the priormon than the health center does not have to pay any interest). All line of credit borrowings are taken or paid of on the first day of the month As of the first day of the third quarter, Bentfield Health Center did not have a balance on its line of credit Less: Interest payments Ending cash balance Done Enter any number in the co ld and then click Check Answer Check Ang