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$,$$$527,000,$$$468,300],[$February$,412,500,353,800],[$March$,465,000,528,000]]$

Kayak requires a minimum cash balance of $$50,000$ at each month$-$end. Loans taken to meet this requirement charge $1\%,$ interest per month, paid at each month$-$end. The interest is computed based on the beginning balance of the loan for the month. Any preliminary cash balance above $$50,000$ is used to repay loans at month$-$end. The company has a cash balance of $$50,000$ and a loan balance of $$100,000$ at January $1.$

Prepare monthly cash budgets for January, February, and March. $($Negative balances and Loan repayment amounts $($if any$)$ should be indicated with minus sign.$)$

$\backslash$table$[[$KAYAK COMPANY$],[$Cash Budget$],[,$January,February,March$],[$Beginning cash balance,$$,50,000,,],[$Total cash available$],[],[,,,,],[,,,,],[,,,,],[$Total cash payments,,$0,0,0],[$Preliminary cash balance$],[$Loan activity$],[,,,,],[$Ending cash balance$],[$Loan balance$],[$Loan balance $-$ Beginning of month,$$,100,000,,$$$],[$Additional loan $($loan repayment$)],[$Loan balance, end of month,,,,$]]$