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 $5,600 at the start of each month. All borrowings, repayments, and investments are made in even $800 amounts. No borrowings or investments exist at the beginning of July. July August September Total Beginning cash balance Cash receipts $5,920 $ 13,120 16.160 Total cash available $ $32,800 $62,240 Cash disbursements Payments on account $6.240 $9,120 $ Wages expense Overhead costs 8,000 6,400 9,920 27,680 7,360 20,800 Total disbursements $16,480 $ $26,080 $ Cash excess (deficiency) Minimum cash balance (5,600) Cash available (needed) $ (5.600) $7,040) $ $19.280) Financing Borrowings (repayments) Acquire (sell) investments $3,200 $ (800) 5 Receive (pay) interest Ending cash balance $5,760 5 (16) $5,904