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 at least $8,000 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.) Quarter (000 omitted) 1 2 3 4 (000 omitted) Year Cash balance, beginning $ 6 $ 8 $ 8 $ 8 $ 6 Add collections from customers 100 356 Total cash available 88 Less disbursements: Purchase of inventory 39 49 31 Selling and administrative expenses 30 30 123 Equipment purchases 11 2 10 14 45 Dividends 2 2 2 2 Total disbursements 91 Excess (deficiency) of cash available over disbursements (4) 15 Financing: Borrowings Repayments (including interest) * Total financing Cash balance, ending *Interest will total $1,000 for the year. 13 (19)