The following cash budget is for the third quarter of this year. Solve for the missing numbers on the cash budget, assuming that the accountant has requested a minimum cash balance of $11,200 at the start of each month. All borrowings, repayments, and investments are made in even $1,600 amounts. No borrowings or investments exist at the beginning of July.

	July	August	September	Total
Beginning cash balance	$11,840	Answer	Answer	Answer
Cash receipts	26,240	32,320	Answer	Answer
Total cash available	Answer	Answer	$65,600	$124,480
Cash disbursements
Payments on account	Answer	$12,480	$18,240	Answer
Wages expense	16,000	Answer	19,840	55,360
Overhead costs	12,800	14,720	Answer	41,600
Total disbursements	$32,960	Answer	$52,160	Answer
Cash excess (deficiency)	Answer	Answer	Answer	Answer
Minimum cash balance	(11,200)	(11,200)	Answer	Answer
Cash available (needed)	Answer	$(14,080)	Answer	$(18,560)
Financing
Borrowings (repayments)	$6,400	Answer	$(1,600)	Answer
Acquire (sell) investments	-	-	Answer	Answer
Receive (pay) interest	-	-	Answer	(32)
Ending cash balance	$11,520	Answer	Answer	$11,808