just need some assistance

More info Lim Auto Parts' bank requires a $10,000 minimum balance in the store's checking account. At the end of any month when the account balance falls below $10,000, the bank automatically extends credit to the store in multiples of \$1,000. Lim Auto Parts borrows as little as possible and pays back loans in quarterly installments of $3,000, plus 3% APR interest on the entire unpaid principal. The first payment occurs three months after the loan. Requirements 1. Prepare Lim Auto Parts' cash budget for January and February 2. How much cash will Lim Auto Parts borrow in February if collections from customers that month total $13,800 instead of $14,800 ? Lim Auto Parts, a family-owned auto parts store, began January with $10,700 cash. Management forecasts that collections from credit customers will be $11,100 in January and $14,600 in Felfruary. The store is scheduled to recelve $6,500 cash on a business note recelvable in January Projected cash payments include inventory purchases (\$14, 100 in January and $13,900 in February) and selling and administrative expenses (\$2,700 each month) B (Click the icon jo viow additonal information about Uim Auto Parts ) Read the Lim Auto Parts Cash Budget January and February Cash available Cash payments: Total cash payments Total cash payments Ending cash balance