The accountant for Zachary's Dress Shop prepared the following cash budget. Zachary's desires to maintain a cash cushion of $23.000 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 o. Complete the cash budget by filling in the missing amounts. b. Determine the amount of net cash flows from operating activities Zachary's will report on the third quarter pro forma statement of cash flows. c. Determine the amount of net cash flows from financing activities Zachary's will report on the third quarter pro forma statement of cash flows. Req A Reg B and C 37.00 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 $ 52,000 199,000 251,000 219,000 259,600 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 149,730 70,060 183,652 70,932 175,026 64,000 0 239,026 11,974 11,026 $ 23,000 $ 23,000 $ 23,000 Req A Req B and c Determine the amount of net cash flows from both operating and financing activities Zachary's will report on the t pro forma statement of cash flows. (Round intermediate calculations and final answers to the nearest whole dollar b. Net cash (operating activities) Net cash (financing activities) c