Quarter 1 2 3 4 Year EXERCISE 8-11 Cash Budget Analysis L08-8 A cash budget, by quarters, is given below for a retail company (000 omitted). The company requires a minimum cash balance of at least $5,000 to start each quarter. $ ? $ ? $ ? 96 323 ? ? 113 36 ? [c| gclc ? ; ? ? 8| " ? 45 30 30 8 10 2 2 85 ? 11 | ? 15 Cash balance, beginning..... Add collections from customers.. Total cash available.... Less disbursements: Purchase of Inventory.... Selling and administrative expenses. Equipment purchases.... Dividends..... Total disbursements Excess (deficiency) of cash available over disbursements... Financing: Borrowings..... Repayments (Including Interest)* Total financing.. Cash balance, ending... Interest will total $1,000 for the year. $ 6 &[[ ? ?