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

a$.$ Complete the cash budget by filling in the missing amounts.

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

cash flows.

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

cash flows.