Hans borough Company's financial managers are meeting with the company's bank to renew their line of credit and discuss their investment needs. They have prepared the company's operating cash budget for the last six months of the year. The following budget assumptions were used to construct the budget: Hans borough's total sales for each month were first calculated in the sales budget and are reflected on the first line of the cash budget. Hans borough's sales are made on credit with terms of 2/10, net 30. Hans borough's experience is that 20% is collected from customers who take advantage of the discount, 70% is collected in the second month, and the last 10% is collected in the third month after the sale. The budget assumes that there are no bad debts. The cost of materials averages 55% of Hans borough's finished product. The purchases are generally made one month In advance of the sale, and Hans borough pays its suppliers in 30 days. Accordingly, If July sales are forecasted at $1, 100 million, then purchases during June would be $605 ($1, 100 million x 0.55), and this amount would be paid in July. Other cash expenses include wages and salaries at 20% of sales, monthly rent of million, and other expenses at 5% of sales. Estimated tax payments of $59 million and $61 million are required to be paid on July 15 and October 15, respectively. In addition, a $1,000 million payment for a new plant must be made in September. Assume that Hans borough's targeted cash balance is $100, and the estimated cash on hand on July 1 is $136. Use the preceding information to fill in the missing amounts in the following cash budget. Use the information provided in the budget to complete the following sentences. Hans borough Company will be able to invest in short-term marketable securities in some months and will need to borrow to cover cash requirements in others. In the last six months of the year, Hans borough will _ $ _ to end the year with a cash _ of $ _ and a cash _ of $ _ Hans borough Company will want a credit line of at least $ _ to cover the month with the greatest shortfall, and the financial managers can tell the bank to expect that they will be able to invest up to $ _ in short-term marketable securities