Exercise 8-7 (Algo) Cosh Budget [LO8-8] Garden Depot is a retailer that provided the following budgeted cash fiows for next year: The companys beginning cash balance for next year will be $22.000. The company requires a minimum cash balance of $10,000 and may borrow money at the beginning of any quarter and may repay any part of its loans at the end of any quarter interest payments. based on a quarterly interest rate of 3%, are due on any principal at the time it is repaid. For simplicity, assume interest is not compounded. Required: Prepere the company's cash budget for next year Note: Repayments, interest, and cash deficiencies should be indicated by a minus sign