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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

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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. ReqA Reg D and C Complete the cash budget by hilling 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 $ 25,000 90,000 115,000 100,000 120,300 Can 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 70,115 30,280 87,070 30,716 92.750 27.250 0 110,000 Req A Req B and C Complete the cash budget by filling in the missing amounts. (Any shortages or repaym 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 82,750 27 250 70,115 30,280 87 076 30,716 0 110,000 5,000 5,000 10,000 $ $ 0 $ Req A Req B and C Determine the amount of net cash flows from both operating and fi forma statement of cash flows. (Round intermediate calculations ar Net cash (operating activities) Net cash (financing activities)

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