?Question Help * E9-30A (book/static) Bentfield Health Center provides a varlety of medical services The company is preparing its cash budget for the upcoming third quarter. The following transactions are expected to occur (Cick the icon to view the expected transactions ) Requirement Prepare a comblined cash budget for Bentield Health Center for the thind quarter, wilth a column for each month and for the quarter total t a box is not used in the table leave the bex empty, do net enter a zero. Use paretheses or a minus sign for negative ending cash balances More Info Bentfield Health Center Combined Cash Budget For the Months of July though September a Cash collections from services in July, August and September, are projected to be $91,000 5151,000, and $124000 July b. Cash payments for the upcoming third quarter are peojected to be 5142,000 in July $103,000 in August and $133,000 in Beginning balance of caslh Phus Cash collecions Total cash available Less Cash payments Ending cash balance befiore financing Financing c.The cash balance as of the first day of the third quarter is projected to be $31,00 d. The heath center has a policy that R must maintain a minimom cash balance of $25,000 The health cemer has a line of credit with the local bank that alons 210 borrow tnds in mortisthat it would not atherwis have its mininum balance if the company has more than its minimum balance at the end of any given month, it uses the excess funds to pay ?? any outstanding lino of credit balance Each month Benfeld Health Certe, pays merest on the prior month's ine of credit ending balance The actual interest rate that the health center will pay Boats since it is sed 1s the pr rate However the interest rate paid during the budget period is expected to b*2%ofthe prior mormine of credt endng balance (y the company did not have an outstanding balancethe end of the prior marth hen he heam center does not have to pay any marest> Allie of dredit banowings are taken or paid ofi on theft dey ofthe morti Asofthdhst day of the third quarter Bentfield Health Center did not have a balance on hs line of credt Enter any number in the ede fielos and then click Check Answer ?Question Help * E9-30A (book/static) Bentfield Health Center provides a varlety of medical services The company is preparing its cash budget for the upcoming third quarter. The following transactions are expected to occur (Cick the icon to view the expected transactions ) Requirement Prepare a comblined cash budget for Bentield Health Center for the thind quarter, wilth a column for each month and for the quarter total t a box is not used in the table leave the bex empty, do net enter a zero. Use paretheses or a minus sign for negative ending cash balances More Info Bentfield Health Center Combined Cash Budget For the Months of July though September a Cash collections from services in July, August and September, are projected to be $91,000 5151,000, and $124000 July b. Cash payments for the upcoming third quarter are peojected to be 5142,000 in July $103,000 in August and $133,000 in Beginning balance of caslh Phus Cash collecions Total cash available Less Cash payments Ending cash balance befiore financing Financing c.The cash balance as of the first day of the third quarter is projected to be $31,00 d. The heath center has a policy that R must maintain a minimom cash balance of $25,000 The health cemer has a line of credit with the local bank that alons 210 borrow tnds in mortisthat it would not atherwis have its mininum balance if the company has more than its minimum balance at the end of any given month, it uses the excess funds to pay ?? any outstanding lino of credit balance Each month Benfeld Health Certe, pays merest on the prior month's ine of credit ending balance The actual interest rate that the health center will pay Boats since it is sed 1s the pr rate However the interest rate paid during the budget period is expected to b*2%ofthe prior mormine of credt endng balance (y the company did not have an outstanding balancethe end of the prior marth hen he heam center does not have to pay any marest> Allie of dredit banowings are taken or paid ofi on theft dey ofthe morti Asofthdhst day of the third quarter Bentfield Health Center did not have a balance on hs line of credt Enter any number in the ede fielos and then click Check