Suppose that Dynamic Mattress issued $5 million of additional long-term debt and used the proceeds to add to its cash balances. Recalculate its short-term financing plan (Table 19.6) now that it has raised $5 million of additional long-term financing?

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Second Third Quarter: First Fourth A. Cash Requirements Cash required for operations Interest on bank loan $135.6 $ 72.6 -$120.0 -$170.3 0.0 2.5 2.5 1.9 0.5 0.0 Interest on stretched payables 0.0 4.3 10.6 86.7 Repayments of last quarter's stretched payables 0.0 0.0 Lost Interest on sold securitlesd 0.0 0.5 0.5 0.5 -$ 25.9 $135.6 $ 86.7 -$167.9 Total cash requlred B. Cash Ralsed in Quarter $100.0 $ 0.0 Bank loan 0.0 0.0 Stretched payables 10.6 86.7 0.0 0.0 Securitles sold 25.0 0.0 0.0 0.0 $ 86.7 $ 0.0 $ 0.0 $135.6 Total cash ralsed C. Repayments Of bank loan $ 74.1 24 $ 25.9 0.0 0.0 D. Addition to Cash Balances and Security Holdings 24 24 24 $ 93.9 0.0 0.0 0.0 E. Bank Loan 24 $100.0 $100.0 $ 74.1 Beginning of quarter 0.0 End of quarter 100.0 100.0 74.1 0.0