Kayak Campory budgeted the foliowing cash recelpts toxctuding cash receipts fiom loans recelved) and cosh payments (exduding cash poyments for loan princlpal and intorest payments) for the first thrce mooths of nent yeat Kryak requires a minimum capi balance of $50,000 at each month-end Loans taken to meet this requirerment charge 1., interest. per month, paid ot each monthend The interest is computed based on the beginning balance of the loan for the month Any prelimhary cash balance above $50.000 is used to repoy loans at month-end. The campany has a cash batance of 550,000 and a loan balance of 3100,000 at Jonuacy 1 Prepare monthly cash budgets foc January, February, and Morch. (Negative balances and Loan repayment amounts (if any) should be indicated with minus slgn.)