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The accountant for Rundle's Dress Shop prepared the following cash budget. Rundle's desires to maintain a cash cushion of $16,000 at the end of each

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The accountant for Rundle's Dress Shop prepared the following cash budget. Rundle's desires to maintain a cash cushion 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. Complete this question by entering your answers in the tabs below. Req A Reg 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 1: Cash receipts Beginning cash balance $ 48,500 Add cash receipts 192,000 212,000 252,600 Total cash available 240,500 Section 2: Cash payments For inventory purchases 171,526 146,230 180,152 For S&A expenses 60,500 66,560 67.432 For interest expense 0 Total budgeted disbursements 232,026 Section 3: Financing activities Surplus (shortage) 8,474 Borrowing (repayments) 7.526 Ending cash balance $ 16,000 $ 16,000 $ 16,000 ROGA Req B and C> The accountant for Rundle's Dress Shop prepared the following cash budget. Rundle's desires to maintain a cash cushion 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. Complete this question by entering your answers in the tabs below. Req A Req B and C Determine the amount of net cash flows from both operating and financing activities Rundle'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.) b. Net cash (operating activities) c. Net cash (financing activities)

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