wilacat, Inc., nas estimatea sales (in millions) tor the next tour quarters as tollows: Sales $195 $215 $235 $265 Sales for the first quarter of the year after this one are projected at $210 million. Accounts receivable at the beginning of the year were $83 million. Wildcat has a 45-day collection period. Wildcat's purchases from suppliers in a quarter are equal to 50 percent of the next quarter's forecasted sales, and suppliers are normally paid in 36 days. Wages, taxes, and other expenses run about 20 percent of sales. Interest and dividends are $18 million per quarter Wildcat plans a major capital outlay in the second quarter of $98 million. Finally, the company started the year with a cash balanc of $84 million and wishes to maintain a minimum balance of $30 million. a. Complete the following cash budget for Wildcat, Inc. (Enter your answers in millions. A negative answer should be indicated a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g. 32.16.) WILDCAT, INC. Cash Budget (in millions) 01 02 03 04 Beginning cash balance Net cash inflow Ending cash balance Minimum cash balance Cumulative surplus (deficit) 84.00 $ -30.00 -30.00 --30.00 -30.00