Foyert Corp. requires a minimum $6,100 cash balance. Loans taken to meet this requirement cost 2% interest per month (paid monthly). Any excess cash is used to repay loans at month-end. The cash balance on October 1 is $6,100 and the company has an outstanding loan of $2,100. Forecasted cash receipts (other than for loans received) and forecasted cash payments (other than for loan or interest payments) follow.

	October			November			December
Cash receipts	$	22,100		$	16,100		$	20,100
Cash payments		24,150			15,100			15,900

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	December
Beginning cash balance	$6,100	$6,100	$6,100
Cash receipts	22,100	16,100	20,100
Total cash available	28,200	22,200	26,200
Cash payments		15,100	15,900
Interest on bank loan
Preliminary cash balance
Additional loan (loan repayment)
Ending cash balance
Loan balance
Loan balance - Beginning of month	$2,100
Additional loan (loan repayment)
Loan balance - End of month