K You recently began a job as an accounting intern at Regis Adventures. Your first task was to help prepare the cash budget for February and March. Unfortunately, the computer with the budget file crashed, 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. After entering the following data in the budget, you may have just enough information to reconstruct the budget. i (Click the icon to view information on borrowing cash.) Requirements Complete the following cash budget. (For amounts with a $0 balance, make sure to enter "0 total effects of financing with a minus sign when the amount is a net outflow. Round interest Incomplete budget More info Regis Adventures Combined Cash Budget February and March February Beginning cash balance EA $ 16,400 Plus: Cash collections 90200 0 Plus: Cash from sale of plant assets $ 106,600 Total cash available Less: Cash payments (purchase inventory) 47,700 Less: Cash payments (operating expenses) $ 98,300 Total cash payments Regis Adventures eliminates any cash deficiency by borrowing the exact amount needed from State Street Bank, where the current interest rate is 8%. Regis 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. Beginning cash balance Plus: Cash collections Plus: Cash from sale of plant assets Total cash available Less: Cash payments (purchase inventory) Less: Cash payments (operating expenses) Total cash payments (1) Ending cash balance before financing Minimum cash balance desired Cash excess (deficiency) Financing: Plus: New borrowings Less: Debt repayments Less: Interest payments (2) Total effects of financing Ending cash balance (1) + (2) February March $ 16,400 $ ? ? 80,100 0 2,200 69 $ 106,600 $ ? $ ? $ 41,500 47,700 ? SA 98,300 $ ? $ ? $ 27,900 25,000 25,000 $ ? $ ? Print Done $ ? $ ? ? ? ? ? $ ? $ ? $ ? $ ? er