Please answer every part of the question and explain you answers.

Wildcat, Incorporated, has estimated sales (in millions) for the next four quarters as follows: Sales for the first quarter of the year after this one are projected at $170 million. Accounts recelvable at the beginning of the year were $67 million. Wildcat has a 45 -day collection period. Widcat's purchases from suppliers in a quarter are equal to 45 percent of the next quarter's forecast sales, and suppliers are normally paid in 36 days. Wages, taxes, and other expenses run about 20 percent of sales. Interest and dividends are $15 million per quarter. Wildcat plans a major capital outlay in the second quarter of $93 million. Finally, the company started the year with a cash balance of $76 million and wishes to maintain a minimum balance of $40 million. a-1. Assume that Wildcat can borrow any needed funds on a short-term basis at a rate of 3 percent per quarter and can invest any excess funds in shortterm marketable securities at a rate of 2 percent per quarter Complete the following short-term financial plan for Wildcat. (A negatlve answer should be indleated by a minus slgn. Do not round Intermedlete calculations and enter your onswers in millions rounded to 2 declmal places, e.g., 32.16. Leave no cells blank - be certaln to enter "O" wherever requlred.) a.2. What is the net cash cost (total interest paid minus total investment income eamed) for the year under this target cash balance? (A negatlve ontwer should be Indlcated by a mlnus sign. Do not round Intermedlote calculatlons and enter your answert In mililons rounded to 2 declmal placet, e.9. 32.16. Leave no cells blank - be certaln to enter " 0 " wherever requlred.) b-1. Complete the following short-term financial plan assuming that Wildcat maintains a minimum cash balance of $20 million. (A negatlve onswer should be Indlcated by a minus slgn. Do not round Intermedlate calculations and enter your answers in mililons rounded to 2 declmal pleces, e.9.4 32.10. Leave no cells blonk - be certaln to enter "o" wherever requlred.) b-2. What is the net cash cost for the year under this target cash balance? (A negatlve onswer should be Indlcated by a minus sign. Do not round Intermedlate colculetions and enter your answers in mililons rounded to 2 declmal places, e.9., 3216. Leave no celis blank - be certaln to enter "O" wherever requilred.)