Piano Man, Inc., has a 40-day average collection period and wants to maintain a minimum cash balance of $30 million, which is what the company currently has on hand. The company currently has a receivables balance of $194 million and has developed the following sales and cash disbursement budgets in millions:

	Q1				Q2				Q3				Q4
Sales		$	423			$	495			$	576			$	540
Total cash disbursement			322				440				686				445

Required:

Complete the following cash budget for the company. (Do not round intermediate calculations. Negative amounts should be indicated by a minus sign. Enter your answers in millions of dollars. Round your answers to the nearest whole million dollar amount (e.g., 32).)

PIANO MAN, INC. Cash Budget (in millions)
	Q1	Q2	Q3	Q4
Beginning receivables	$	$	$	$
Sales	423	495	576	540
Cash collections
Ending receivables	$	$	$	$
Total cash collections	$	$	$	$
Total cash disbursements	322	440	686	445
Net cash inflow	$	$	$	$
Beginning cash balance	$	$	$	$
Net cash inflow
Ending cash balance	$	$	$	$
Minimum cash balance	$	$	$	$
Cumulative surplus (deficit)	$	$	$	$