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) (000 omitted) Year 1 2. 3 4 $ 9 Cash balance, beginning Add collections from customers 103 347 Total cash available 70 Less disbursements: Purchase of inventory 42 52 34 32 30 103 Selling and administrative expenses Equipment purchases Dividends 14 8 17 49 2 2 2 2 94 (8) 14 10 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. (21)