The monthly cash budgets for the first quarter of 2016 are shown below ($000 omitted)for XYZ Company.A minimum cash balance of $40,000 is required.A line of credit has been established with ABC's bank at a 7.5% interest rate.Calculate the missing amounts:

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The Answer of The monthly cash budgets for the first quarter of 2016 are shown below ($000 omitted)for XYZ Company.A minimum cash balance of $40,000 is required.A line of credit has been established with ABC's bank at a 7.5% interest rate.Calculate the missing amounts:

The Monthly Cash Budgets for the First Quarter of 2016