Denger A cash budget, by quarters, is given below for a retail company (000 omitted). The company requires a minimum cash balance of atleast $8,000 to start each quarter.Required:Fill in the missing amounts.Note: Enter your answers in thousands of dollars. Cash deficiencies and Repayments should be indicated by a minus sign.Quarter (000 omitted)1234(000 omitted)YearCash balance, beginning$999348Add collections from customersTotal cash available87Less disbursements:384830Purchase of inventory3030121Selling and administrative expensesEquipment purchases101013432222Dividends90Total disbursementsExcess (deficiency) of cash available over disbursements(2)16Financing:14BorrowingsRepayments (including interest) *Total financingCash balance, ending*Interest will total $1,000 for the year.(17)

The cahs budget records the cash receipts and cash disbursements during the period. The cash budget…

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