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 $ 8 61 95 323 69 32 4 35 8 30 32 114 2 2 7689 2 Cash balance, beginning Add: Collections from customers Total cash available before current financing Deduct: Disbursements: Purchase of inventory Operating expenses Equipment purchases Dividends 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. 2 12 [ D r (16)