You recently began a job as an accounting intern at Raymond 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 not outflow. Round interest expense to the nearest whole dollar) Raymond Adventures Combined Cash Budget February and March February $ 16,500 Beginning cash balance Plus: Cash collections Plus: Cash from sale of plant assets 106.900 Total cash available Less: Cash payments (purchase inventory) Less: Cash payments (operating expenses) Total cash payments 47,200 97.900 Enter any number in the edit fields and then click Check Answer Complete the following cash budget. (For amounts with a $0 balance, make sure to enter in the appropriate cell Enter cash deficiencies with a minus sign or parenthese Enter the net total effects of financing with a minus sign when the amount is a not outflow. Round interest expense to the nearest whole dollar.) La Vopery WORY 47 200 Less: Cash payments (operating expenses) Total cash payments 97.900 (1) Ending cash balance before financing 24 000 Minimum cash balance desired Cash excess (deficiency) Financing 0 More Info Plus: New borrowings Less: Debt repayments Less: Interest payments Raymond Adventures eliminates any cash deficiency by borrowing the exact amount needed from State Street Bank, where the current interest rate is 6%. Raymond Adventures pays interest on its outstanding (2) Total effects of financing debt at the end of each month. The company also repays all borrowed amounts at the end of the month as cash becomes available Ending cash balance (1) + (2) Enter any number in the edit fields and then click Print Done