It is summer and your retail shops business is seeing poor sales (the col- lege population has gone home for the summer). To conserve cash flow, you ask each of your four employees to kindly take a $100 pay cut per person per month for the three months of summer (June to August). You promise to pay them back in December when you would have lots of cash; plus you will give them an additional bonus of $100 per person. Draw the cash-flow diagram; show the future value of the total amount of money you would have to pay back in December to all your employees should they accept your proposal. (Use an interest rate of 12% in your calcula- tions, and assume monthly compounding between the end of August and December).