please show the formulas

B D E G EXAMPLE 1 - The local bookstore is trying to prepare its budget for the next year. They have the following information: 1* Quarter 2nd Quarter 34 Quarter 4th Quarter Total Cash Receipts 180,000 330,000 210,000 230,000 Total Cash Payments 260,000 230,000 220,000 240,000 You are asked to help the store prepare its cash budget for next year. The beginning cash balance for next year will be $20,000 and a minimum cash balance of $10,000 is required for every quarter. The store may borrow any amount needed from a local bank at a rate of 12% per year. The store has to borrow at in increments of $1,000 at the beginning of any quarter and may repay its loans, or any part of its loans, in $1,000 increments, at the end of any quarter. Interest payments are due whenever any loan payments are made (these are not made in $1,000 increments). 3 5 6 7 Year 18 19 20 21 22 Providence Books Cash Budget 2nd 1st Quarter 3rd Quarter 4th Quarter Quarter Beginning cash balance Total cash receipts Total cash available Less total cash disbursements Excess (deficiency) of cash available over disbursements Financing: Borrowings (at beginnings of quarters) Repayments (at ends of quarters) Interest Total financing Ending cash balance 23 24 25 26 27 28 29 30