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Problem 14-23 (Algo) Cash budget LO 14-7 The monthly cash budgets for the flist quarter...

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Accounting

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Problem 14-23 (Algo) Cash budget LO 14-7 The monthly cash budgets for the flist quarter of 2022 follow ( $000 omitted) for Tuscano Manufacturing Company. A minimum cash balance of $18,000 is required to start each month, and a $50,000 line of credit has been arranged with a local bank at a 14% interes rate. Required: Calculate the missing amounts. (Hint: The total cash avallable includes collections from customers for all three months, plus the beginning cash balance from January 1, 2022.) Note: Enter your answers in thousands rounded to 2 decimal places. (i.e., 20,550 should be entered as 20.55). Use 360 daye year for calculations

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