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