i Incomplete budget X Backyard Adventures Cash Budget February and March February March Beginning cash balance S 16,300 S? Plus: Cash collections ? 80,200 2,400 0 Plus: Cash from sale of plant assets GA 106.500 $? Total cash available Less: Cash payments (purchase inventory) Less: Cash payments (operating expenses) 41,000 S? S 47.500 ? A 98.300 $? Total cash payments (1) Ending cash balance before financing $?$ 28.000 Print Done i Incomplete budget . tas Wir $?$ 47,500 41,000 ? Less: Cash payments (purchase inventory) Less: Cash payments (operating expenses) Total cash payments (1) Ending cash balance before financing Minimum cash balance desired $ 98,300 $? $?$ 24,000 28,000 24,000 $? $? $ $? ? ? Cash excess (deficiency) Financing Plus: New borrowings Less Debt repayments Less: Interest payments (2) Total effects of financing Ending cash balance (1) + (2) 2 ? S? S? S? S? Print Done * More Info Backyard Adventures eliminates any cash deficiency by borrowing the exact amount needed from State Street Bank, where the current interest rate is 7%. Backyard Adventures pays interest on its outstanding debt at the end of each month. The company also repays all borrowed amounts at the end of the month as cash becomes available. Print Done Question Help You recently began a job as an accounting internat Backyard Adventures. Your first task was to help prepare the cash budget for February and March Unfortunately, the computer with the budget flerhed, and you did not have a backup or even a hard copy. You ran a program to salvage bits of data from the budget file her entering the following data in the budget you may have just enough formation to control the budget Click the icon to view information on borrowing Requirements Complete the following cashbudo (For amounts with a balance, make sure to enter in the appropriate cel Enter cash deficiencies with a minus signor parents Enter the net total efects of financing with a minus sign when the amount is a nel outflow. Round interest expense to the nearest whole dolar)