I need help with my assignment please

Kayak Co budgeted the following cash receipts (excluding cash receipts from loans received) and cash disbursements (excluding cash disbursements for loan principal and interest payments) for the first three months of next year January February March Cash Receipts $519,000 406,000 475,000 Cash Disbursements $ 480,000 354,000 532,000 According to a credit agreement with the company's bank Kavak promises to have a minimum cash balance of $40,000 at each month-end. In return, the bank has agreed that the company can borrow up to $150,000 at an annual interest rate of 12%, 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 available cash on the last day of each month. The company has a cash balance of $40,000 and a loan balance of $80,000 at January 1. Prepare monthly cash budgets for each of the first three months of next year. (Be certain to enter "0" wherever required. Negative balance and Loan repayment amount should be indicated with minus sign.) KAYAK COMPANY Cash Budget For January, February, and March January February 40,000 March Beginning cash balance Total cash available Preliminary cash balance Ending cash balance Loan balance $ 80,000 Loan balance - Beginning of month Additional loan (loan repayment) Loan balance - End of month