Karim Corporation requires a minimum $9.900 cash balance. Loans taken to meet this requirement cost 2% Interest per month (pald at the end of each month). Any preliminary cash balance above $9.900 is used to repay loans at month-end. The cash balance on July 1 Is $10,300, and the company has no outstanding loans. Budgeted cash receipts (other than for loans received) and budgeted cash payments (other than for loan or Interest payments) follow. July August September Cash receipts $ 25,988 $ 33,900 $ 41,900 Cash payments 39,850 31,9ee 33,900 Prepare a cash budget for July, August, and September. (Negative balances and Loan repayment amounts (if any) should be Indicated with minus sign. Round your final answers to the nearest whole dollar.) KARIM CORPORATION Cash Budget July August September Beginning cash balance $ 10.300 Total cash available Total cash payments Preliminary cash balance Loan activity Ending cash balance Loan balance $ 0 Loan balance - Beginning of month Additional loan (loan repayment) Loan balance - End of month