You recently began a job as an accounting intern at Rocky 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 bits of data from the budget file. After entering the following data in the budget, you may have just enough information to reconstruct 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 "0" in the appropriate cell. Enter cash deficiencies with a minus sign or parentheses. Enter the net total effects of financing with a minus sign when the amount is a net outflow. Round interest expense to the nearest whole dollar.) 0 Incomplete budget Rocky Adventures Cash Budget February and March February March $ 16,600 $ ? Beginning cash balance Plus: Cash collections 80,000 2,300 Plus: Cash from sale of plant assets Total cash available $ 106,700 $ ? Less: Cash payments (purchase inventory) Less: Cash payments (operating expenses) $ ? $ 47,600 98,200 $ Total cash payments (1) Ending cash balance before financing 41,500 ? $ ? 23,000 20,000 $ ? $ 20,000 Minimum cash balance desired $? Cash excess (deficiency) Financing: Plus: New borrowings $? $? Less: Debt repayments More Info Rocky Adventures eliminates any cash deficiency by borrowing the exact amount needed from State Street Bank, where the current interest rate is 8%. Rocky Adventures pays interest on its outstanding debt at the end of each month. The company also repays all borrowed amounts at the end of the month as cash becomes available