Exercise 8-11 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 Cash balance, beginning Add collections from customers Total cash available Less disbursements: 101 345 74 Purchase of inventory 40 50 32 Selling and administrative expenses 32 30 24 Cash balance, beginning Add collections from customers Total cash available Less disbursements: 67 101 345 74 Purchase of inventory Selling and administrative expenses Equipment purchases Dividends 40 25 12 2 79 32 32 24 10 15 47 2 Total disbursements Excess (deficiency) of cash available over disbursements Financing: 94 15 Borrowings Repayments (including interest) 14 (21) Total financing Cash balance, ending