Wildcat plans a major capital outlay in the second quarter of $85 million. Finally, the company started the year with a cash balance of $81 million and wishes to maintain a $30 million minimum balance.

a.	Complete the following cash budget for Wildcat, Inc. (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.)

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.

b-1.

Complete the following short-term financial plan for Wildcat, Inc. (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. Leave no cells blank - be certain to enter "0" wherever required.)

b-2.	What is the net cash cost (total interest paid minus total investment income earned) for the year? (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.)