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The accountant for Finch's Dress Shop prepared the following cash budget. Finch's desires to maintain a cash cushion of $20,000 at the end of each

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The accountant for Finch's Dress Shop prepared the following cash budget. Finch's desires to maintain a cash cushion of $20,000 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 2 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 Finch's will report on the third quarter pro forma statement of cash flows. c. Determine the amount of net cash flows from financing activities Finch'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 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.) July August September $ 45,500 186,000 231,500 206,000 246,600 Cash Budget 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) 143,230 63,560 177,152 64,432 168,526 57.500 0 226,026 5,474 The accountant for Finch's Dress Shop prepared the following cash budget. Finch's desires to maintain a cash cushion of $20,000 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 2 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 Finch's will report on the third quarter pro forma statement of cash c. Determine the amount of net cash flows from financing activities Finch's will report on the third quarter pro forma statement of cash flows. flows Complete this question by entering your answers in the tabs below. Req A Reg B and C Determine the amount of net cash flows from both operating and financing activities Finch'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.) Net cash (operating activities) Net cash (financing activities)

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