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I need help ASAP thank you! 15. (10 marks) For this question, just fill in the blank cells. Magnificent Muffins Inc. requires a minimum cash

I need help ASAP thank you!
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15. (10 marks) For this question, just fill in the blank cells. Magnificent Muffins Inc. requires a minimum cash balance of $500 at the end of each quarter. Complete the cash budget for Magnificent Muffins Inc. Magnificent Muffins inc. Cash Budget For the Year ending December 31, 2020 Q1 Q2 Q3 Q4 Cash (Beginning) $600 ?1 ? Cash receipts Cash from Sales 1,300 1,060 1,100 1,850 Collections from Credit 500 1.440 2.150 Customers total Cash Available ? Cash Payments Inventory Purchases 400 850 360 560 General & Admin. Expense 625 1,150 300 940 Capital Expenditures 875 1,200 800 Dividend Payment 100 200 440 200 total Cash Payments 900 700 ? Cash excess (deficit) 2 2 Financing requirements Loan Borrowings Loan Repayments ending Cash Balance ($800) ? 2 2

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