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. $($Click on the Graded Worksheet Tab below.$)$

$\backslash$table$[[,$Cash Receipts,Cash payments$],[$January$,$$$689,000,$$$612,000$