We company recomes minimum coh balance of at least 5.000 to start each Quarter if necessary, the company Worow Boney from its benk to memesance. The company will pay no interest in Quaners 1 2. ond 3It wil regay at much of its borrowings as possibles soon as it has more man 55.000 in cash nogues quarter Suppose the company starts the first Quarter with no ban debt How much toti bank debt does the company aspect to have at the end of the third quarter 19 Cash Budget Quarter 1000 omitted) 1 2 3 $8 83 128 81 54 65 45 10 65 49 39 9 Cash balonce, beginning Add collections from customers Total cash available Les disbursements Purchase of inventory Selling and administrative expenses Equipment Durchases Didends Total disbursements Excess deficiency or cash available over disbursements Financing Borrowings Repayments Total financing Cash balance ending 10 2 2 2 Multiple Choice 56.000 O $13,000 $38.000 $45,000