Wildcat, Incorporated, has estimated sales $($in millions$)$ for the next four quarters as follows:

Q$1$ Q$2$ Q$3$ Q$4$

Sales $ $190$ $ $210$ $ $230$ $ $260$

Sales for the first quarter of the following year are projected at $$205$ million. Accounts receivable at the beginning of the year were $$81$ 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 forecast 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 $$94$ million. Finally, the company started the year with a $$83$ million cash balance and wishes to maintain a $$40$ million minimum balance.

a$-1.$

Assume that Wildcat can borrow any needed funds on a short$-$term basis at a rate of $3$ percent per quarter and can invest any excess funds in short$-$term marketable securities at a rate of $2$ percent per quarter. Complete the following short$-$term financial plan for Wildcat. $($Enter your answers in millions. Negative amounts should be indicated by a minus sign. Leave no cells blank $-$ be certain to enter $"0"$ wherever required. Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

a$-2.$

What is the net cash cost for the year under this target cash balance? $($A negative answer should be indicated by a minus sign. Enter your answer in millions. Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

b$-1.$

Complete the following short$-$term financial plan assuming that Wildcat maintains a minimum cash balance of $$20$ million. $($Enter your answers in millions. Negative amounts should be indicated by a minus sign. Leave no cells blank $-$ be certain to enter $"0"$ wherever required. Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

b$-2.$

What is the net cash cost for the year under this target cash balance? $($Enter your answer in millions. Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$