At the beginning of the school year, Craig Kovar decided to make a cash budget for the months of September, October, November, and December. The budget must plan for enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budget:

Cash balance, September 1 (from a summer job)	$9,500
Purchase season football tickets in September	170
Additional entertainment for each month	260
Pay fall semester tuition in September	4,900
Pay rent at the beginning of each month	630
Pay for food each month	580
Pay apartment deposit on September 2 (to be returned December 15)	630
Part-time job earnings each month (net of taxes)	1,250