The following data are from the budget of Ritewell Publishers. Half the companys sales are transacted on a cash basis. The other half are paid for with a 1-month delay. The company pays all of its credit purchases with a 1-month delay. Credit purchases in January were $140, and total sales in January were $290.

	February				March				April
Total sales	$	420			$	440			$	400
Cash purchases		125				135				115
Credit purchases		95				85				95
Labor and administrative purchases		85				85				85
Taxes, interest, and dividends		65				65				65
Capital expenditures		210				0				0

Complete the following cash budget. (Leave no cells blank. Enter '0' when necessary. Negative amounts should be indicated by a minus sign.)

Answer is complete but not entirely correct.

		February	March	April
Sources of cash
Collections on current sales		$210selected answer correct	$220selected answer correct	$200selected answer correct
Collections on amounts receivable		$145selected answer correct	$210selected answer correct	$220selected answer correct
Total sources of cash		$355	$430	$420
Uses of cash
Payments of accounts payable		$140selected answer correct	$95selected answer correct	$85selected answer correct
Cash purchases		$125selected answer correct	$135selected answer correct	$115selected answer correct
Labor and administrative expenses		$85selected answer correct	$85selected answer correct	$85selected answer correct
Capital expenditures		$210selected answer correct	$0selected answer correct	$0selected answer correct
Taxes, interest, and dividends		$65selected answer correct	$65selected answer correct	$65selected answer correct
Total uses of cash		$625	$380	$350
Net cash inflow		$(270)selected answer incorrect	$50selected answer correct	$70selected answer correct
Cash at start of period		$210	$(60)selected answer incorrect	$(10)selected answer incorrect
+	Net cash inflow	$(270)selected answer correct	$50selected answer correct	$70selected answer correct
=	Cash at end of period	$(60)	$(10)	$60
+	Minimum operating cash balance	$210	$210selected answer correct	$210selected answer correct
=	Cumulative short-term financing required	$270	$220	$150