i Saved Foyert Corporation requires a minimum $7,800 cash balance. Loans taken to meet this requirement cost 1% interest per month (paid the end of each month). Any preliminary cash balance above $7,800 is used to repay loans at month-end. The cash balance on October 1 is $7,800, and the company has an outstanding loan of $3,800. Budgeted cash receipts (other than for loans received) and budgeted cash payments (other than for loan or interest payments) follow. 0:22 Cash receipts Cash payments October. $ 23,800 -26,700 November $ 17,800 16,800 December $ 21,800 14,2001 Prepare a cash budget for October, November, and December. (Negative balances and Loan repayment amounts (if any) should be- indicated with minus sign. Round your final answers to the nearest whole dollar.) FOYERT CORPORATION Beginning cash balance Add Cash receipts Total cash available Less Cash payments for Interest on loan Total cash payments Preliminary cash balance Loan activity Additional loan (loan repaymont) Ending cash balance Loan balance Begining of month Additional loan (joan repayment) Loan balance End of month Cash Budget October November December $ 7,800 26,700 34,500 0 0 Loan balance 3,800