Mini-Exercise 14-7 (Static) Cash budget LO 7 ABC Company has a cash balance of $25,000 on August 1 and requires a minimum ending cash balance of $37,400. Cash receipts from sales budgeted for August are $291,600 Cash disbursements budgeted for August include inventory purchases, $40,000, other manufacturing expenses, 598,000; operating expenses, 576,200, bond retirements, $50.000; and dividend payments. 515,000 Required: Prepare a cash budget for ABC Company for August August Beginning canh balance Cash Recept Total catalable Cash Disbursements