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Garden Dopot is a retaller that is preparing its budget for the upcoming fiscal year. Management has prepared the following summary of its budgeted cosh

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Garden Dopot is a retaller that is preparing its budget for the upcoming fiscal year. Management has prepared the following summary of its budgeted cosh flows The company's beginning cash balance for the upcoming fiscal year will be $47,000. The compary requires a minimum cash balance of $10,000 and may borrow any amount needed from a local bank at a quarterly interest rate of 3%. The company may borrow any amount at the beginning of any quarter and may repay its loans, or any part of its loans, at the end of any quarter. Interest payments are due on any principal at the time it is repaid. For simplicity, assume that interest is not compoundod. Required: Prepare the company's cash budget for the upcoming fiscal year, (Repayments, interest, and cash deficiencies should be indicated Predir

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