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A cash budget, by quarters, is given below for a retail company (000 omitted). The...

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Accounting

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A cash budget, by quarters, is given below for a retail company (000 omitted). The company requires a minimum cash balance of at least $8,000 to start each quarter. Fill in the missing amounts. (Enter your answers in thousands of dollars. Cash deficiencies and Repayments should be indicated by a minus sign.) Quarter (000 omitted) ( 2 3 (000 omitted) Year 1 4 $ 9 Cash balance, beginning Add collections from customers 99 348 Total cash available 87 38 48 30 Less disbursements: Purchase of inventory Selling and administrative expenses Equipment purchases Dividends 30 30 121 10 10 13 43 2 2 2 21 90 (2) 16 14 Total disbursements Excess (deficiency) of cash available over disbursements Financing: Borrowings Repayments (including interest)* Total financing Cash balance, ending *Interest will total $1,000 for the year. (17)

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