please complete cash budget for both february and march

E9-33A (similar to) You recerty began a job as an accounting rem at Backyard Aoventures Your fint task was to hop pregare the cash budgot for Fetruary and March Unfortunuloky The comuter with the budgetse crashed, and you ad not have a tacip a even a hae 0(Cial the icon to iew information on borowing cash) o Round interest expense to the nearest whole dlla Beginning cash balance Plus Cash collections Plus Cash from sale of plant assets Total cash avaliable Less Cash payments (purchase imventory) Less Cash payments (operating expenses Total cash payments 106. 600 47.300 9.000 ) Ending cash balance before tinanong Minimum cash balance desred Cash excess (detlcency) Plus New borrowing Less Debt repayments Less Interest payments Enter any number in the edt felds and then click Check Answer Clear All 824PM e, make sure to enter "O in the appropriate cell. Enter cash deficiencies with a minus sign or parentheses. Enter the ne 0 06 i More Info 47 98 Backyard Adventures eliminates any cash deficiency by borrowing the exact amount needed from State Street Bank, where the current interest rate is 8%. Backyard Adventures pays interest on its outstanding 20 debt at the end of each month. The company also repays all borrowed amounts at the end of the month as cash becomes available Print Done Clear Using the browser's print wil lead to print-out rable print-out. Use the Print Itam vonturos Cash Budgot Fobruary and March Fobruary $16,400 March 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 ? 80,000 2,300 $ 106,600 $ 41,300 47,300 $98,000 $? S 23,000 20,000 S? 20,000 Plus: New borrowings Less: Debt repayments Less: Interest payments (2) Total effects of financing Ending cash balance (1) + (2)