How do I do this one?

Kayak Company budgeted the following cash receipts [excluding cash receipts from loans received} and cash payments {excluding cash payments for loan principal and interest payments] for the rst three months of next year. Cash Receipts Cash payments January 3 522,000 5 453,300 February 501,000 347,800 March 456,000 525,000 Kayak requires a minimum cash balance of $40,000 at each month-end. The company can borrow money at a monthly interest rate of 1%, paid on the last day of each month. The interest is computed based on the beginning balance of the loan for the month. Any preliminary cash balance above $40,000 is used to repay loans at month-end. The company has a cash balance of $40,000 and a loan balance of $80,000 at January 1. Prepare monthly cash budgets for January, Febmary, and March. [Negative balances and Loan repayment amounts {if any} should be indicated with minus sign.)