The accountant for Fanning's Dress Shop prepared the following cash budget. Fanning's desires to maintain a cash cushion of $19.000 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. Requlred a. Complete the cash budget by filling in the missing amounts. b. Determine the amount of net cash flows from operating activities Fanning's will report on the third quarter pro forma statement of cash flows. Ec. Determine the amount of net cash flows from financing activities Fanning's will report on the third quarter pro forma statement of cash flows. Complete this question by entering your answers in the tabs below. Reg A Reg 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 July August September $ 45,000 185,000 230,000 205.000 245,600 Section 1: Cash receipts Beginning cash balance Add cash receipts Total cash available Section 2: Cash payments For inventory purchases For S&A expenses For interest expense Total budgeted disbursements Section 3: Financing activities Surplus (shortage) Borrowing (repayments) Ending cash balance 142.730 63.000 176,652 63,932 168,026 57,000 0 225,028 4,9741 14,028 19,000 $ $19.000 $ 19,000 ReqA Req B and C > Reg A Reg B and C Determine the amount of net cash flows from both operating and financing activities Fanning's will report on the third quarter pro forma statement of cash flows. (Round intermediate calculations and final answers to the nearest whole dollar amount.) b. Net cash (operating activities) c. Net cash (financing activities) ( ReqA ReqB and C