Please give me a step-by-step! Thank you!

The accountant for Ericas Dress Shop prepared the following cash budget. Ericas desires to maintain a cash cushion of $16,000 at the end of each month. Funds are assumed to be borrowed and repaid on the last day of each month. Interest is charged at the rate of 2 percent per month.

Required

a.	Complete the cash budget by filling in the missing amounts. (Any repayments should be indicated with a minus sign. Round your answers to the nearest whole dollar amount.)

Cash Budget	July	August	September
Beginning cash balance	$48,500	$16,000	$16,000
Add cash recepiets	192,000	212,000	252,600
Total cash available	240,500	228,000	268,600
Section 2: cash payments
For inventory purchases	171,526	146,230	180,152
For S&A expenses	60,500	66,560	67,432
For interest expense	0	?	?
total budgeted disbursements	232,026	?	?
Section 3: Financing activities
Surplus (shortage)	8,474	?	?
Borrowing (repayments)	7,526	?	?
Ending cash balance	16,000	16,000	16,000

b.

Determine the amount of net cash flows from operating activities Ericas will report on the third quarter pro forma statement of cash flows. (Enter any cash outflows with a minus sign. Round intermediate calculations and final answer to the nearest whole dollar amount.)

Net Cash

??

??

c.

Determine the amount of net cash flows from financing activities Ericas will report on the third quarter pro forma statement of cash flows. (Enter any cash outflows with a minus sign. Round intermediate calculations and final answer to the nearest whole dollar amount.)

Net cash

??

??