Exercise 8-11 (Algo) Cash Budget Analysis [LO8-8] A cash budget, by quarters, is given below for a retail company (000 omitted). The company requires a minimum cash balance of $8,000 to start each quarter. Required: Fill in the missing amounts. Note: Enter your answers in thousands of dollars. Cash deficiencies and Repayments should be indicated by a minus sign. Quarter (000 omitted) (000 omitted) 1 2 3 4 Year Cash balance, beginning $ 7 Add collections from customers 67 101 345 Total cash available 74 Less disbursements: Purchase of inventory 40 50 32 Selling and administrative expenses 32 30 111 Equipment purchases 12 10 15 47 Dividends 2 2 2 2 Total disbursements Excess (deficiency) of cash available over disbursements 94 (5) 15 Financing: Borrowings Repayments (including interest) Total financing Cash balance, ending *Interest will total $1,000 for the year. 14 (21)