Exercise 7-6 Inferring Cash Budget Relations (LO2 - CC12) A cash budget, by quarters, follows for a retail company. Fill in the missing amounts (000 omitted). The company requires a minimum cash balance of at least $5,000 to start each quarter. Quarter 1 2 3 4 Year $ 61 96 322 Cash balance, beginning Add: Collections from customers Total cash available before current financing Deduct: Disbursements: 69 69 Purchase of inventory 36 35/ Operating expenses Equipment purchases Dividends 48 3229 8 11 2 2 901 11 21 (1) 1 12 Total disbursements Excess (deficiency) of cash available over disbursements Financing: Borrowings Repayments (including interest)* Total financing Cash balance, ending *Interest will total $1,000 for the year