Carmen Company has prepared the following schedules and additional information: (Click the icon to view the cash receipts schedule.) (Click the icon to view the cash payments schedule.) (Click the icon to view the additional information.) Complete a cash budget for Carmen Company for January, February and March (Complete all input fields. Enter a "0" for any zero balances. Round all amounts entered into the cash budget to the nearest whole dollar. Enter a cash deficiency with a minus sign or parentheses.) More info Carmen Company Cash Budget January, February, and March January February March Total Beginning cash balance Carmen's beginning cash balance is $4.000 and Carmen desires to maintain a minimum ending cash balance of $4,000. Carmen borrows cash as needed at the beginning of each month in increments of $1,000 and repays the amounts borrowed in increments of $1,000 at the beginning of months when excess cash is available. The interest rate on amounts borrowed is 11% per year. Interest is paid at the beginning of the month on the outstanding balance from the previous month. Cash receipts Cash available Cash payments Purchases of direct materials Direct labor Manufacturing overhead Selling and administrative expenses Prin Done Interest expense Total cash payments Carmen Company has prepared the following schedules and additional information: (Click the icon to view the cash receipts schedule.) (Click the icon to view the cash payments schedule.) (Click the icon to view the additional information.) Complete a cash budget for Carmen Company for January, February and March (Complete all input fields. Enter a "0" for any zero balances. Round all amounts entered into the cash budget to the nearest whole dollar. Enter a cash deficiency with a minus sign or parentheses.) More info Carmen Company Cash Budget January, February, and March January February March Total Beginning cash balance Carmen's beginning cash balance is $4.000 and Carmen desires to maintain a minimum ending cash balance of $4,000. Carmen borrows cash as needed at the beginning of each month in increments of $1,000 and repays the amounts borrowed in increments of $1,000 at the beginning of months when excess cash is available. The interest rate on amounts borrowed is 11% per year. Interest is paid at the beginning of the month on the outstanding balance from the previous month. Cash receipts Cash available Cash payments Purchases of direct materials Direct labor Manufacturing overhead Selling and administrative expenses Prin Done Interest expense Total cash payments