Consider the following business plan and projected cash budget for a Fitness Facility: Abdul and Katie are personal trainers and desire to start a small fitness facility where their clients can book customized personal training with a more convenient schedule than offered by larger gyms. The founders have only $2,000 total of their own savings to invest at month 1 and believe they can borrow funds or find investors to cover the required funding to open this new facility. They project the following cash flows over the first 6 month:s Month 1Month 2 Month 3Month 4 Month 5 Month 6 Cash Receipts Total Sales Total Cash Receipts Cash Disbursements Equipment Fixtures/Refurbishment Legal Fees/License Wages/Salaries Rent/Utilities Software/Bank Fees Total Cash Disbursements$9,285 $1,850 $7,110 $10,360 $10,360 $12,243 End of Month Balance Beginning Cash Cash Receipts Cash Disbursement EOM Balance $8,200$12,600 $14,400 $16,200 $8,200 $12,600 $14,400 $16,200 $5,000 $1,185 $1,500 $5,000! $8.2501 $8.2501 $10.133 $1,600$1,800 $2,000$2,000 $2,000$2,000 $50$110 $110 $1101 $110 $8,2001 $12,6001 $14.40 $16,200 $9,285$1,850 $7,110 $10,360 $10,360 $12,243 ($7,285)($9,135) ($8,045)($5,805)($1,765) $2,192 What is the total minimum level of investment funding needed for the Fitness Facility to reach breakeven and then become cash flow positive for every month thereafter? $9,285 $9,135 $1,765 $12,243