27. Cash Budget & Short-Term Financing Presented are partial October, November, and December cash budgets for Holiday Events: Cash balance, beginning Collections on sales. Cash available for operations. HOLIDAY EVENTS Partial Cash Budgets October November December Total $ 25,000 $ ? $ ? $? 100,000 90,000 08 140,000 ? ? ? ? (115,000) (110,000) (115,000) ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? $ ? $ ? $ ? $? Disbursements for operations.. Ending cash before borrowings or replacements. Short-term finance New loans. Repayments Interest Cash balance, ending. Loans are obtained in increments of $1,000 at the start of each month to maintain a minimum end- of-month balance of $12,000. Interest is 1% simple interest (no compounding) per month, payable when a loan payment is made. Repayments are made as soon as possible, subject to the minimum end-of-month balance. REQUIRED Complete the short-term financing section of the cash budget. d