Hunter Corp. requires a minimum $18,000 cash balance. If necessary, loans are taken to meet this requirement at a cost of 1% interest per month (paid monthly). If the ending cash balance exceeds the minimum, the excess will be applied to repaying any outstanding loan balance. The cash balance on March 1 is $18,000. Cash receipts other than for loans received for March, April, and May are forecasted as $30,000, $92,000, and $105,000, respectively. Payments other than for loan or interest payments for the same period are planned at $38,500, $85,000, and $90,000, respectively at March 1, there are no outstanding loans. Prepare a cash budget for March, April, and May.