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.) 1 4 Quarter (000 omitted) 2 3 $ 8 $ 8 120 (000 omitted) Year $ 415 $ $ 8 Cash balance, beginning Add collections from customers Total cash available Less disbursements: 79 55 Purchase of inventory Selling and administrative expenses Equipment purchases Dividends 13 2 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. TIL