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 $3,000 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) (000 omitted) 1 2 3 4 Year Cash balance, beginning $ 9 Add collections from customers 107 379 Total cash available 86 Less disbursements: Purchase of inventory 46 56 30 Selling and administrative expenses 32 30 109 Equipment purchases 13 9 21 53 Dividends 2 2 2 2 Total disbursements Excess (deficiency) of cash available over disbursements 99 (2) 7 Financing: Borrowings Repayments (including interest) * Total financing Cash balance, ending *Interest will total $1,000 for the year. 7 (9)