Check my work 2 Garden Depot is a retailer that is preparing its budget for the upcoming fiscal your. Management has prepared the following summary of its budgeted cash flows: 1st Bitte warted Quarterth Quarter Tosh recept $ 220,000 370,000 $ 250,000 $ 270,000 Total dash disbursente $ 280,000 250,000 $240,000 $ 268,000 The company's beginning cash balance for the upcoming fiscal year will be $28.000 The company requires a minimum cash balance of $10,000 and may borrow any amount needed from a local bank at a quarterly interest rate of 3%. The company may borrow any amount at the beginning of any quarter and may repay its loans, or any part of its loans, at the end of any quarter Interest payments are due on any principal at the time it is repold. For simplicity assume that interest is not compounded. Required: Prepare the company cash budget for the upcoming fiscal year (Repayments, and interest, should be indicated by a minus sign) Garden Depot Cash Budget Ta Quarter And Quarter Ind Quarter 41 Quarter Year Beginning cash Tot cash recit Totalcash avait Totalcash disbursements Ben defentyl white over distrements Financing Borrowing Fements Tonancing Ending cash balance