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. X Answer is not complete. Complete this question by entering your answers in the tabs below. 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 $ $ 50,500 196,000 246,500 $ 20,000 216,000 236,000 20,000 256,600 276,600 182,152 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 173,526 62,500 148,230 68,560 69,432 0 286 318 251,902 236,026 217,076 10,474 24,698 9,526 $ 20,000 18,924 1,076 $ 20,000 44,698 69,396 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. Answer is not complete. 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)