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. Required: 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) 2 3 4 Year Cash balance, beginning $ 7 $ 8 $ 8 $ 8 $ 7 Add collections from customers 67 80 97 335 Total cash available 80 Less disbursements Purchase of inventory 36 46 28 Selling and administrative expenses 30 30 117 Equipment purchases 7 10 11 38 Dividends 2 2 2 Total disbursements Excess (deficiency) of cash available over disbursements 88 (2) Financing