The accountant for Rundle$$s Dress Shop prepared the following cash budget. Rundle$$s desires to maintain a cash balance of $$16,000$ 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

Complete the cash budget by filling in the missing amounts.

Determine the amount of net cash flows from operating activities Rundle$$s will report on the third quarter pro forma statement of cash flows.

Determine the amount of net cash flows from financing activities Rundle$$s will report on the third quarter pro forma statement of cash flows.