E9-33A

You recently began a job as an accounting intem at Raymond Adventures. Your first task was to help prepare the cash budget for February and March. Unfortunately, the computer with the budget file crashed, and you did not have a backup or even a hard copy. You ran a program to salvage bits of data from the budget file. After entering the following data in the budget, you may have just enough information to reconstruct the budget. (Click the icon to view information on borrowing cash.) Requirements Complete the following cash budget. (For amounts with a $0 balance, make sure to enter "U" in the appropriate input field. Enter cash deficiencies with a minus sign or parentheses. Enter the net total effects of financing with a minus sign when the amount is a net outflow. Round interest expense to the nearest whole dollar.) $ 21000 Beginning cash balance Plus: Cash collections 16,600 90,100 79,800 2,200 0 Plus: Cash from sale of plant assets $ 106,700 103000 S 41,400 50,400 $ 47,600 36500 Total cash available Less: Cash payments (purchase inventory) Less: Cash payments (operating expenses) Total cash payments (1) Ending cash balance before financing $ 98,000 77900 S 8,700 $ 24,000 27,000 24,000 Minimum cash balance desired S (15,300) 51000 Cash excess (deficiency) Financing: Plus: New borrowings Less: Debt repayments S S : 15,300 0 0 Less: Interest payments (2) Total effects of financing S S 15,300 S 24,000 Ending cash balance (1) + (2)