Foyert Corporation requires a minimum $6,200 cash balance. Loans taken to meet this requirement cost 1% interest per month (paid at the end of each month). Any preliminary cash balance above $6,200 is used to repay loans at month-end. The cash balance on October 1 is $6,200, and the company has an outstanding loan of $2,200 Budgeted cash receipts (other than for loans received) and budgeted cash payments (other than for loan or interest payments) follow Cash receipts October $22,200 24,300 November $16,200 15,200 December $ 20,200 15,800 Cash payments 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.) Cash payments 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 CORPORATION Beginning cash balance Total cash available Total cash payments Preliminary cash balance Loan activity Ending cash balance Loan balance Beginning of month Additional loan (oan repayment) Loan balance-End of month Cash Budget October November December $ 6,200 Loan balance $ 2.200