The accountant for Baird's Dress Shop prepared the following cash budget. Baird's desires to maintain a cash cushion of $24,000 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 1 percent per month. Required a. Complete the cash budget by filling in the missing amounts b. Determine the amount of net cash flows from operating activities Baird's will report on the third quarter pro forma statement of cash flows c. Determine the amount of net cash flows from financing activities Baird's will report on the third quarter pro forma statement of cash flows Complete this question by entering your answers in the tabs below Req A Req B and C Complete the cash budget by filling in the missing amounts. (Any shortages or repayments should be indicated with a minus sign. Round your answers to the nearest whole dollar amount.) Cash Budget Section 1: Cash receipts July AugustSeptember Beginning cash balance Add cash receipts $ 52,50024,00024,000 260,600 284,600 200,000220,000 252,500 244,000 Total cash available Section 2: Cash payments For inventory purchases For S&A expenses For interest expense 175,526 150,230 184,152 70,560 64,500 71,432 115 240,026 Total budgeted disbursements Section 3: Financing activities Surplus (shortage) 12,474