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The accountant for Gibson's Dress Shop prepared the following cash budget Gibson's desires to maintain a cash $22,000 at the end of each month. Funds

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The accountant for Gibson's Dress Shop prepared the following cash budget Gibson's desires to maintain a cash $22,000 at the end of each month. Funds are assumed to be borrowed and repaid on the last day of each month charged at the rate of 1 percent per month Ches Required a. Complete the cash budget by filling in the missing amounts. b. Determine the amount of net cash flows from operating activities Gibson's will report on the third quarter pro form statement of cash flows. c. Determine the amount of net cash flows from financing activities Gibson'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 minu sign. Round your answers to the nearest whole dollar amount.) Cash Budget July August September Section 1: Cash receipts Beginning cash balance $ 46,500 Add cash receipts 188,000 208,000 248,600 Total cash available 234,500 Partinn ach namonte Req A Req B and C Complete the cash budget by filling in the missing amounts. (Any shortages or repaymen sign. Round your answers to the nearest whole dollar amount.) July August September $ 46,500 188,000 234,500 208,000 248,600 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) Borrowing (repayments) Ending cash balance 169,526 58,500 0 228,026 144,230 64,560 178,152 65,432 6,474 15,526 22,000 $ $ 22,000 $ 22,000 statement of cash flows. Complete this question by entering your answers in the tabs below. Req A Reg B and Determine the amount of net cash flows from both operating and financing activities Gibson's will report pro forma statement of cash flows. (Round intermediate calculations and final answers to the nearest wh Net cash (operating activities) Net cash (financing activities)

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