Cash budget The following cash budget is for the third quarter of this year. Solve for the missing numbers on the cash budget, assuming that the accountant has requested a minimum cash balance of $9,800 at the start of each month, All borrowings, repayments, and investments are made in even $1,400 amounts. No borrowings or investments exist at the beginning of July. August September Total July Beginning cash balance Cash receipts Total cash available $10,360 $ 22,960 28,280 $57,400 $108.920 Cash disbursements Payments on account S $10,920 $15,960 $ Wages expense Overhead costs 14,000 11,200 17,360 48,440 12.880 36,400 Total disbursements $28,840 5 $45,640 $ Cash excess (deficiency) (9,800) (9.800) $12,320 Minimum cash balance Cash available (needed) $ Financing Borrowings trepayments) Acquire (se) investments Receive (pay) interest Ending cash balance Check $5.600 $ $10,080 5 $16,240) $1,400) 5 (28) $10.332