< ces The accountant for Jordan's Dress Shop prepared the following cash budget. Jordan's desires to maintain a cash cushion of $23,000 at the end of each month. Funds are assumed to be borrowed and repaid on the last day of each month. Interest is charged at the rate of 2 percent per month. Required a. Complete the cash budget by filling in the missing amounts. b. Determine the amount of net cash flows from operating activities Jordan's will report on the third quarter pro forma statement of cash flows. c. Determine the amount of net cash flows from financing activities Jordan's will report on the third quarter pro forma statement of cash flows. Complete this question by entering your answers in the tabs below. Req A Req B and C Complete the cash budget by filling in the missing amounts. (Any shortages or repa sign. Round your answers to the nearest whole dollar amount.) Cash Budget Section 1: Cash receipts Beginning cash balance July August September $ 47,000 $ 23,000 $ 23,000 Add cash receipts 189,000 209,000 249,600 Total cash available 236,000 232,000 272,600 Section 2: Cash payments For inventory purchases 170,026 144,730 178,652 For S&A expenses 59,000 65,060 65,932 For interest expense 0 229,026 Total budgeted disbursements Section 3: Financing activities Surplus (shortage) Borrowing (repayments) Ending cash balance 6,974 16,026 $ 23,000 $ 23,000 $ 23,000