QUESTION BELOW

A cash budget, by quarters, is given below for a retail company (000 omitted). The company requires a minimum cash balance of at least $3,000 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) (000 omitted) Year 2 $ 8 $ 3 $ 3 $ 3 $ 8 86 110 400 94 Cash balance, beginning Add collections from customers Total cash available Less disbursements: Purchase of inventory Selling and administrative expenses Equipment purchases 49 59 33 45 30 130 12 9 24 55 Dividends 2 N 2 NI 115 17 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 (20)