The accountant for Thornton's Dress Shop prepared the following cash budget. Thornton's desires to maintain a cash cushion of $20,000 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 3 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 Thornton's will report on the third quarter pro forma statement of cash flows. c. Determine the amount of net cash flows from financing activities Thornton's will report on the third quarter pro forma statement of cash flows. Req A Req B and C 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.) July August September Cash Budget Section 1: Cash receipts Beginning cash balance Add cash receipts $ 50,500 196,000 246,500 216,000 256,600 Total cash available Section 2: Cash payments For inventory purchases For S&A expenses 182,152 173,526 62,500 148,230 68,560 69,432 For interest expense 0 236,026 Total budgeted disbursements Section 3: Financing activities Surplus (shortage) Borrowing (repayments) Ending cash balance 10,474 9,526 20,000 $ $ 0 $ 0 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 Thornton'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 cash (operating activities) Net cash (financing activities)