Exercise 7-11 Cash Budget Analysis [LO7-8] A cash budget, by quarters, is given below for a retail company (000 omitted). The company requires a minimum cash balance of at least $5,000 to start each quarter. Fill in the missing amounts. (Enter your answers in thousands of dollars. Cash deficiencies and Repayments should be indicated by a minus sign.) Cash Budget Quarter (000 omitted) 3 Year 2 Cash balance, beginning 7 113 391 Add collections from customers 72 Total cash available Less disbursements: 52 62 Purchase of inventory 106 45 30 Selling and administrative expenses 61 27 15 Equipment purchases 2 2 2 2 Dividends 118 Total disbursements 6 (7) Excess (deficiency) of cash available over disbursements Financing: 14 Borrowings (26) Repayments (including interest) Total financing Cash balance, ending "Interest will total $1,000 for the year 28