The accountant for Jean's Dress Shop prepared the following cash budget. Jean's desires to maintain a cash cushion of $10,000 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 filing in the missing amounts. b. Determine the amount of net cash flows from operating activities Jean's will report on the third quarter pro forma statement of cash flows, c. Determine the amount of net cash flows from financing activities Jean's will report on the third quarter pro forma statement of cash flows. Complete this question by entering your answers in the tabs below. RAGA Red Band 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 Section : Cash recit Beginning cash balance $ 25.000 Add cash reci 00,000 100.000 120,300 115,000 Section 2:Cashports For inventory burchase 62.750 70,115 07.01 For 27.250 30.00 30.710 0 Table buren 110.000 6.0001 a. Complete the cash budget by filling in the missing amounts. b. Determine the amount of net cash flows from operating activities Jean's will report on the third quarter flows. c. Determine the amount of net cash flows from financing activities Jean's will report on the third quarter flows. Complete this question by entering your answers in the tabs below. Reg A Req B and C Complete the cash budget by filling in the missing amounts. (Any shortages or repayments should be indicated sign. Round your answers to the nearest whole dollar amount.) July August September $ 25,000 90,000 115,000 100,000 120,300 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 70,115 30,280 87,076 30,716 82,750 27,250 0 110,000 5,000 5,000 10,000 $ $ 0 $ Red Band 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 Jean's will report on the third quarter pro forma statement of cash flows. c. Determine the amount of net cash flows from financing activities Jean'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 Red Band Determine the amount of net cash flows from both operating and financing activities Jean'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 Cuth (operating activities) Net cash (financing activites Rega
