Foyert Corporation requires a minimum $6,700 cash balance. Loans taken to meet this requirement cost 2% interest per month (paid at the end of each month). Any preliminary cash balance above $6,700 is used to repay loans at month-end. The cash balance on October 1 is $6,700, and the company has an outstanding loan of $2,700. Budgeted cash receipts (other than for loans received) and budgeted cash payments (other than for loan or interest payments) follow. Cash receipts Cash payments October $ 22,700 25,050 November $ 16,700 15,700 December $ 20,700 15,300 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) Add: Cash receipts Total cash available Less: Cash payments for Cash payments Interest on loan Total cash payments Preliminary cash balance Cash Budget October November December $ 0,700 $ 6,700 $ 6,700 22,700 16,700 20,700 29,400 23,400 27,400 25,050 15,700 15,300 25,050 15,700 15,300 Loan activity Additional loan (loan repayment) Ending cash balance Loan balance.