Sylvia Turner, the chief financial officer, is responsible for The Premium Supplier's cash budget for 20X6. The budget will help Turner determine the amount of long-term borrowing needed to end the year with a cash balance of $1,500,000. Turner's assistants have assembled budget data for 20X6, which the computer printed in alphabetical order. Not all the data items reproduced below are used in preparing the cash budget. (Click the icon to view the assembled budget data for 20x6.) Read the requirements Requirement 1. Prepare the cash budget of The Premium Supplier, Inc. (Enter amounts in thousands. Use parentheses or a minus sign for cash or financing needed amounts. Include the first value as well as the budgeted cash receipts in the first subtotal calculation.) Premlum Supplier, Inc. , Cash Budget Year Ended December 31, 20X6 X Data table (In thousands) (Assumed Data) (In thousands) $ 105 22,677 7,276 4,660 11,688 10,989 20,800 Actual cash balance, December 31, 20X5. Budgeted total assets Budgeted total current assets Budgeted total current liabilities, Budgeted total liabilities.., Budgeted total shareholders' equity Collections from customers Dividend payments Issuance of shares.. Net income Payment of long-term and short-term debt Payment of operating expenses Purchase of inventory items Purchase of property and equipment 287 667 1,203 980 2,149 14,045 1,528