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.) (000 omitted) Year Quarter (000 omitted) 2 3 8 120 92 420 53 63 29 Cash balance, beginning Add collections from customers Total cash available Loss disbursements: Purchase of inventory Selling and administrative expenses Equipment purchases Dividends Total disbursements Excess (deficiency) of cash available over disbursements 45 127 30 28 8 9 55 2 2 2 2 2 119 (1) 9 Quarter (000 omitted) (000 omitted) 2 3 Year $ 8 120 420 92 53 63 29 45 30 127 OD 9 55 28 2 2 2 2 Cash balance, beginning Add collections from customers Total cash available Less disbursements: Purchase of inventory Selling and administrative 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 119 (1) 9 13 (12)