1. Based on the monthly cash budget, what is the maximum loan balance for January? Based on the daily cash budget, what is the maximum loan balance for January? Why are the numbers different? 2. Can Mountain \\llage get by with a monthly cash budget or should it use a daily cash budget? What are the pros and cons of a monthly cash budget versus a daily cash budget? 3. Dr. Cook is a great believer in scenario analysis and considers the cash budget produced by Doug to be the \"most likely case." Construct a worst-case and a best-case monthly cash budget using the following data