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

$14\mathrm{.}28$

points

Sales for the first quarter of the following year are projected at $$125$ million. Accounts receivable at the beginning of the year were $$49$ million. Wildcat has a $45-$day collection period.

Wildcat's purchases from suppliers in a quarter are equal to $40$ 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 $$11$ million per quarter.

Wildcat plans a major capital outlay in the second quarter of $$78$ million. Finally, the company started the year with a cash balance of $$67$ million and wishes to maintain a $$30$ million minimum balance.

a$.$ Complete the following cash budget for Wildcat, Incorporated.

Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers in millions, not dollars, rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

$\backslash$table$[[$WILDCAT$,$ INCORPORATED$],[$Cash Budget$],[($in millions$)],[,,1,$Q$2,$Q$3,$Q$4],[$Beginning cash balance,$$,67\mathrm{.}00,,,],[$Net cash inflow$],[$Ending cash balance$],[$Minimum cash balance,,$-30\mathrm{.}00,-30\mathrm{.}00,-30\mathrm{.}00,-30\mathrm{.}00],[$Cumulative surplus $($deficit$),,,,,]]$