The Soppy's Pool Company forecasts total cash receipts in 2014 at $9 million in the 1st quarter,$11 million in the 2nd quarter,$3 million in the 3rd quarter,and $2 million in the 4th quarter.Cash disbursements are forecasted at $4 million in quarter 1,$7 million in quarter 2,$7 million in quarter 3,and $2 million in quarter 4.
Soppy's establishes a minimum cash balance of $5 million to facilitate transactions.Calculate Soppy's cumulative finance surplus or deficit over each quarter in 2014.
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