You recently began a job as an accounting intern 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 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 Backyard Adventures eliminates any cash deficiency by borrowing the exact amount needed from State Street Bank, where the current interest rate is 6%. Backyard 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. Backyard Adventures Cash Budget February and March Beginning cash balance Plus: Cash collections February 16,800 ? March $ ? 80,100 2,000 0 Plus: Cash from sale of plant assets Total cash available $ 107,100 $ ? Less: Cash payments (purchase inventory) Less: Cash payments (operating expenses) $ ? $ 47,400 41,100 ? 97,500 $ ? Total cash payments (1) Ending cash balance before financing $ ? $ 21,000 25,500 21,000 Minimum cash balance desired $ ? $? Cash excess (deficiency) Financing: Plus: New borrowings $ ? 21,000 21,000 Minimum cash balance desired $ ? $ ? Cash excess (deficiency) Financing: Plus: New borrowings Less: Debt repayments Less: Interest payments $? (2) Total effects of financing Ending cash balance (1) + (2)