Exercise 8-7 Cash Budget [LO8-8) Garden Depot is a retaler that is preparing Its budget for the upcoming fiscal year Management has prepared the followling summan of its budgeted cash flows Total cash r total cash disbursements $ 274,000 200,000 350,000 230,000 250,000 244,000 234,000 254,000 The company's beginning cash balance for the upcoming fiscal year wil be $2400O The company requies a minimum cash balance of$10,000 and may borrow any amount needed from a local bank at a quarterly interest rate of 3% The company may borrow any amount at the beginning of any quarter and may repay its loans, or any part of its loans, at the end of any quarter. Interest payments are due on any principal at the time it is repaid. For simplicity, assume that interest is not compounded. Prepare the company's cash budget for the minus sign.) ash budget for he wpcoming fecl yak Cah deficiency, ropayments and Inerest should be indicated by Cash Budget Tolal cash MacBook Air 3 5