Kayak Company budgeted the following cash receipts $($excluding cash receipts from loans received$)$ and cash payments $($excluding cash payments for loan principal and interest payments$)$ for the first three months of next year.

$\backslash$table$[[,$Cash Receipts,Cash payments$],[$January$,$$$517,000,$$$463,800$

$\backslash$table$[[$KAYAK COMPANY$],[$Cash Budget$],[,$January,February,March$],[$Beginning cash balance,$$,40,000,$$$,40,000,,],[$Add: Cash receipts,,$517,000,,410,500,,462,000],[$Total cash available,,$557,000,,450,500,,],[$Less: Cash payments for$],[$Interest on loan,,$800,,,,0],[$All items excluding interest,,$463,800,,357,300,,535,000],[$Total cash payments,,$464,600,,357,300,,535,000],[$Preliminary cash balance,,$92,400,,,,],[$Loan activity$],[$Additional loan $($loan repayment$)],[$Ending cash balance,$$,40,000,,,$$$,40,000],[$Loan balance$],[$Loan balance $-$ Beginning of month,$$,80,000,,,$$$,0],[$Additional loan $($loan repayment$)],[$Loan balance, end of month,,,$$,0,,]]$