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following information is for the monthending July 31,2022. Dividends are payable 30 dws after declaration to thareholders of record on the deciaration dote: Swifty Compary

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following information is for the monthending July 31,2022. "Dividends are payable 30 dws after declaration to thareholders of record on the deciaration dote: Swifty Compary wants to keep a minimum cash balance of $27,000 Prepare a cavh budget for the monthended Jily 31.2022 and indicate how much monex d any. Iw ffy Conpuery will peed to borrova to meet its mininum cash requremeot. Cash Collections Salo of Equipment Total Cash Available Payment of Dividends Receipts Beginning Cash Balance Selling and Administrative Expenses Total Cash Disbursements Eorrowings Excess of available cash over disbursements Operating Expenses Morchandise Purchases Ending Cash Balance Equipment Purchase Cash Disbursements Repayments SWIFTY COMPANY Cash Budget $ $ 12. 5

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