You recently began a job as an accounting intem at Backyard Adventures. Your first task was to help prepare the cash budget for February and March. Unfortunately, the computer with the budget file crashed, and you did not have a backup or even a hard copy. You ran a program to salvage bils of data from the budget file. After entering the following data in the budget, you may have just onough information to roconstruct the budget. (Click the icon to view information on borrowing cash.) Requirements Complete the following cash budget. (For amounts with a $0 balance, make sure to enter "o" in the appropriate input fleld. Enter cash deficiencies the amount is a net outflow. Round interest expense to the nearest whole dollar.) Incomplete budget February S Beginning cash balance Plus: Cash collections 16,800 90.200 0 Plus: Cash from sale of plant assets S 106.800 March S Total cash available Less: Cash payments (purchase inventory) Less: Cash payments (operating expenses) Total cash payments (1) Ending cash balance before financing 50.300 47,100 $? 79,700 1,900 S 97,400 106.800 $7 25.000 Minimum cash balance desired Backyard Adventures Cash Budget February and March February Beginning cash balance $ 16,600 Plus: Cash collections ? ? D Plus: Cash from sale of plant assets $ Total cash available Less: Cash payments (purchase Inventory) $?$ 47,100 Less: Cash payments (operating expenses) $ 97,400 Total cash payments (1) Ending cash balance before financing S? $ 25,000 Minimum cash balance desired S2 Cash excess (deficiency) Financing: Plus: New borrowings Less: Debt repayments ? 41,300 ? Cash excess (deficiency) Financing: $? 27,400 25,000 0 0 $7 0 Plus: New borrowings Less: Debt repayments Less: Interest payments : (2) Total effects of financing ) Ending cash balance (1) + (2) S 25.000 $? $? 7 Help me solve this Video Get more help Print Done