Exercise 14-13 Preparing a cash budget LO 14-5 The accountant for Stuart's Dress Shop prepared the following cash budget. Stuart's desires to maintain a cash cushion of $19,000 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 Stuart's will report on the third quarter pro forma statement of cash flows. c. Determine the amount of net cash flows from financing activities Stuart'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 repayments should be indicated with a mini sign. Round your answers to the nearest whole dollar amount.) July August September $ 50,000 195,000 245.000 215,000 255,600 Cash Budget Section 1: Cash receipts Beginning cash balance Add cash receipts Total cash available Section 2: Cash payments For inventory purchases For S&A expenses For interest expense Total budgeted disbursements Section 3: Financing activities Surplus (shortage) Borrowing (repayments) Ending cash balance 173,026 62,000 147,730 68,060 181,652 68,932 235,0267 9.9741 9,026 19,000 $ $ 19,000 $ 19,000 Complete this question by entering your answers in the tabs below. Reg A Req A Reg B and c Reg B and C Determine the amount of net cash flows from both operating and financing activities Stuart's will report on the third quarter pro forma statement of cash flows. (Round intermediate calculations and final answers to the nearest whole dollar amount.) L b. Net cash (operating activities) C. Net cash (financing activities)