$9.$Temecula$,$ Inc. budgets the following

cash receipts and cash payments for the $3$rd quarter of $2014$:$$JulyAugustSeptemberTotalCash receipts$$25,000$$$24,000$$$41,000$$$90,000$Cash payments$28,00030,00031,00089,000$Cash flow$(3,000)(6,000)10,0001,000$The firm has $$5,000$ of cash on hand at the end of June, and$-$ Management budgets an ending cash balance of $$5,000$ at the end

of each month.$-$ Temecula has arranged short$-$term borrowing from its bank as

needed.$-$ The agreement requires Temecula to borrow in $$1,000$ increments

at the beginning of the months needed.$-$ Interest is $6\%$ annually$-$ Temecula will repay principal in thousand dollar increments

plus accrued interest on all borrowings at the end of

months when funds permit.$$Required: complete Temecula$$s short$-$term

financing budget for the third quarter by completing the following

table.$$JulyAugustSeptemberTotal$$Beginning cash$$$$5,000$$$5,000$Monthly cash flow$(3,000)$Net cash before financing$2,000$Borrowing$$Repayment of borrowing$$Interest

payment$$Ending cash$$

July, August, Sept interest accrued$$