Garden Depot is a retailer that provided the following budgeted cash flows for next year: Total cash receipts Total cash disbursements 1st Quarter 2nd Quarter $ 220,000 $ 370,000 $ 288,000 $ 258,000 3rd Quarter $ 250,000 $ 248,000 4th Quarter $ 270,000 $ 268,000 The company's beginning cash balance for next year will be $28,000. The company requires a minimum cash balanc may borrow money at the beginning of any quarter and may repay any part of its loans at the end of any quarter. Inter based on a quarterly interest rate of 3%, are due on any principal at the time it is repaid. For simplicity, assume interes compounded. Required: Prepare the company's cash budget for next year. Note: Repayments, interest, and cash deficiencies should be indicated by a minus sign. Beginning cash balance Garden Depot Cash Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Q