Check my work Foyert Corp. requires a minimum $8,000 cash balance. Loans taken to meet this requirement cost 1% interest per month paid monthly). Any excess cash is used to repay loans at month-end. The cash balance on October 15 $8,000 and the company has an outstanding loan of $4,000. Forecasted cash receipts (other than for loans received) and forecasted cash payments (other than for loan or interest payments) follow. Cash receipts Cash payments October $24, 27.000 November $18,000 17,000 December $22,000 14,00 Prepare a cash budget for October, November, and December (Negative balances and Loan repayment amounts (if any) should be indicated with minus sign. Round your final answers to the nearest whole dollar.) FOYERT CORP. Cash Budget For October, November, and December October November Beginning cash balance $ 8.000 December Total cash available Activate Windows Dromises halance