I missed March's Interest expense and Additional loan (loan repayment). Please fix the answer and complete it.

Exercise 22-17 Preparation of cash budgets (for three periods) LO P2 Kayak Co. 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 first three months of next year. Cash Receipts $524, 000 Cash payments $473, 000 anuary February March 410, 000 359, 000 476, 000 520, 000 According to a credit agreement with the company's bank, Kayak promises to have a minimum cash balance of $50,000 at each month-end. In return, the bank has agreed that the company can borrow up to $160,000 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. The company repays loan principal with any cash in excess of $50,000 on the last day of each month. The company has a cash balance of $50,000 and a loan balance of $100,000 at January 1. Prepare monthly cash budgets for January, February, and March. (Negative balances and Loan repayment amounts (if any) should be indicated with minus sign.) Answer is not complete KAYAK COMPANY Cash Budget For January, February, and March January February March Beginning cash balance S 50,000 50,000 50,500 Cash receipts 524,000 410,000 476,000 574,000 460,000 526,500 Total cash available Cash payments 473,000 359,000 520,000 1,000 500 Interest expense Preliminary cash balance 100,000 100,500 6,500 (50,000) (50,000) Additional loan (loan repayment) 50,000s 50,5006,500 Ending cash balance Loan balance Loan balance Beginning of month S 100,000 S 50,000 S Additional loan (loan repayment) (50,000) (50,000) S50,000 Loan balance End of month