Cash budget

The following cash budget is for the third quarter of 2014. Solve for the missing numbers on the cash budget, assuming that the accountant has requested a minimum cash balance of $7,000 at the start of each month. All borrowings, repayments, and investments are made in even $1,000 amounts. No borrowings or investments exist at the beginning of July. If an amount is zero, enter "0".

			July		August		September		Total
Beginning cash balance			$7,400		$		$		$
Cash receipts			16,400		20,200
	Total cash available		$		$		$41,000		$77,800
Cash disbursements
	Payments on account		$		$7,800		$11,400		$
	Wages expense		10,000				12,400		34,600
	Overhead costs		8,000		9,200				26,000
		Total disbursements	$20,600		$		$32,600		$
Cash excess (deficiency)			$		$		$		$
Minimum cash balance			(7,000)		(7,000)
Cash available (needed)			$		$(8,800)		$		$(11,600)
Financing
	Borrowings (repayments)		$4,000		$		$(1,000)		$
	Acquire (sell) investments		0		0
	Receive (pay) interest		0		0				(20)
Ending cash balance			$7,200		$		$		$7,380