Wildcat, Incorporated, has estimated sales (in millions) for the next four quarters as follows: Q1 Q2 Q3 Q4 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.

Wildcats purchases from suppliers in a quarter are equal to 50 percent of the next quarters 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 cash balance of $83 million and wishes to maintain a $30 million minimum balance.

1. Complete the following cash budget for Wildcat, Incorporated. (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., 32.16.)