Baird Medical Clinic has budgeted the following cash flows.

	January			February			March
Cash receipts	$	102,000		$	108,000		$	128,000
Cash payments
For inventory purchases		91,000			73,000			86,000
For S&A expenses		32,000			33,000			28,000

Baird Medical had a cash balance of $9,000 on January 1. The company desires to maintain a cash cushion of $7,000. Funds are assumed to be borrowed, in increments of $1,000, and repaid on the last day of each month; the interest rate is 3 percent per month. Repayments may be made in any amount available. Baird pays its vendors on the last day of the month also. The company had a monthly $40,000 beginning balance in its line of credit liability account from last years quarterly results.

Required

Prepare a cash budget. (Round intermediate and final answers to the nearest whole dollar amounts. Any repayments should be indicated with a minus sign.)