please make sure all the answers are right

Garden Depot of its budgeted cash flows: is a retailer that is preparing its budget for the upcoming fiscal year. Management has prepared the following summary Total cash receipts Total cash disbursements 238,800$ 380,e0268,809 $ 280,e89 The company's beginning cash balance for the upcoming fiscal year will be $30,000. The company requires a minimum cash balance of $10,000 and may borrow any amount needed from a local bank at a quarterly interest rate of 3%. The company may borrow any amount at the beginning of any quarter and may repay its loans, or any part of its loans, at the end of any quarter. Interest payments are due on any principal at the time it is repaid. For simplicity, assume that interest is not compounded Required: Prepare the company's cash budget for the upcoming fiscal year. (Repayments, and interest, should be indicated by a minus sign.) Cash Budget 1st 2nd Quarter 3rd Quarter 4th Quarter Year Beginning cash balance Total cash receipts Total cash available Total cash disbursements Excess of cash available over disbursements Financing S 30,00010.000 $ 77 300 82,300 S 30,000 380,000260,000280,000 1.150.000 260,000 390,000 337 300 362.300 1.180,000 265,000 255,000 275,000 1.090,000 00082.300 87.30090.000 230.000 295 (35,000) 25, 45,000 45.000 Interest Total financing Ending cash balance 45,000 10,000 S 125,000 S 82,300 S 87.300 S 135,000 045,000 The company's beginning cash balance for the upcoming fiscal year will be $30,000. The company requires a minimum cash balance of $10,000 and may borrow any amount needed from a local bank at a quarterly interest rate of 3% The company may borrow any amount at the beginning of any quarter and may repay its loans, or any part of its loans, at the end of any quarter. Interest payments are due on any principal at the time it is repaid. For simplicity, assume that interest is not compounded. Required: Prepare the company's cash budget for the upcoming fiscal year. (Repayments, and interest, should be indicated by a minus sign.) Answer is complete but not entirely correct. Cash Budget 1st 2nd 3rd 4th Year 30,000s 10,000$ 77.300s 82,300S 30,000 230,000380,000260,000280,000 1.150,000 Beginning cash balance Total cash receipts Total cash available Total cash disbursements Excess of cash available over disbursements(35,000) Financing 260,000 390,000 337300362 3001180 000 295,000 265000 255,000275,0001.090,000 3 125.000 82,300 87.300 90.000 5,000 45,000 45,000 2,700 0 92,700 45,000 Interest Total financing Ending cash balance 2.700 47.700 45,000 s 10,000 S 172.700 582305 87 300 182 700 Prey 3 of 3 Next