The other her the As the wet analystem Ana Informat Con conte correlated and are not Cash set the short for merchandie Durchase correct A land purchase o 50.000 will be made in December Merchandise purchases for the care are October 200.000 $100.000, December $120.000 h purchases are paid in full during the month following the purchase The company must main cash balance of at least 510,000 at the end of each month The company has an agreement with local bank that allows it to borrow in increments of $1.000 at the beach month to loan balance of $40,000. The interest rate on these fans is 1x per month and for simplicity we will that interest is not compounded. The company would as far as it is able repay the loan plus accumulated interest at the end of the quarter. (Noter enter borrowing as a positive number and repayments and interest Dents in Drenthe Required Complete the cash budger by filling in the banks. USE COMMAS IN YOUR ANSWERS, DO NOT USE DOLLAR SIGNS. ROUND ANY CALCULATIONS TO THE CLOSEST DOLLAR Oct NOW Dec Quartier Beginning cash balance $25,000 Add receipts Collections from customers 210.000 348.000 364.000 Total cash available 235.000 889.000 Less cash disbursements: Merchandise purchases 140,000 160.000 Payroll 18,000 20.000 22,000 60,000 22.000 22.000 60,000 66.000 22.000 Rent payments 65.000 50.000 Advertising 175.000 Land purchase no chUSE COMMAS IN YOUR ARWE DO NOT USE DOLLAR SIGNS HOUND ANY CALCULATIONS TO THE CLOSEST DOLLAR Becas balance Arco 210.000 300.000 Tot cash va 000 Les cash disbursement 140.000 100.000 Merchandise purchases Payroll Rent payments Advertising WOOD 20.000 22.000 22.000 22.000 65,000 1.000 22.000 50.000 60,000 66.000 175.000 Land purchase Total cash disbursements 242.000 (2.000) Excess Idenciency) of cash available over disbursements Financing Borrowings 17.000 Repayments O Interest 0 Total financing 17000 Ending cash balance $10.000