| _l A. Cash collections from services in July, August, and September, are projected to be $ 91,000, $151,000, and $124,000 respectively. B. Cash payments for the upcoming third quarter are projected to be $ 142,000 in July, $103,000 in August, and $133,000 in September. C. The cash balance as ofthe first day of the third quarter is projected to be $ 31,000. D. The health center has a policy that it must maintain a minimum ending cash balance of $25,000 The health center has a line of credit with the local bank that allows it to borrow funds in months that it would not otherwise have its minimum balance. Ifthe company has an ending cash balance before financing below $25,000 it must borrow the remainder to make up the difference. If the balance before financing is above $25,000 the company then will pay off any outstanding loans. The interest on the loans is 2% ofthe previous month's balance. Using this information, complete the combined cash budget for Bentfield Health for the third quarter (July to September). Bentlield Health Center Combined Cash Budget For the Months oHuly through September Beginning balance of cash Plus: Cash collections Total cash available Less: Cash payments Ending cash balance before nancing Financing: Plus: New borrowings Less: Debt repayments Less: Interest payments Ending cash balance July August September Quarter