Gold Co. has compiled the following information to use in preparation of the cash budget for the month of June a. Beginning cash balance on June 1, $15,000 b. Budgeted cash receipts from sales, $216,000 c. Budgeted cash disbursements for purchases, $98,000 d. Budgeted cash disbursements for salaries, $45,000 e Other budgeted cash expenses. $65,000 F. Budgeted depreciation expense, $10,000 g. Budgeted loan balance at June 1 $8,000 Gold Co. requires a minimum $15,000 cash balance. Loans taken to meet this requirement cost 1% Interest per month (paid monthly). Any excess cash is used to repay loans at month-end. Required: Determine the following amounts (a-d) that would appear in Gold's cash budget for the month of June. You do not need to prepare the cash budget, but showing your work may help with earning partial credit. a. Preliminary cash balance. b. Borrowing or repayment of loan c. Final cash balance d. Loan balance at June 30