Foyert Corporation requires a minimum $7,700 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 $7,700 is used to repay loans at month-end. The cash balance on October 1 is $7,700, and the company has an outstanding loan of $3,700. 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 $23,700 26,550 November $ 17,700 16,700 December $ 21,700 14,300 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 Cash Budget $ October November December 7,700 Beginning cash balance Total cash available Total cash payments