Keller Company Cash Budget For January, February and March Problem: Keller Company budgeted the following cash receipts (excluding receipts from loan:s received) and cash payments (excluding cash payments for loan principal and interest payments) for January - March. Feb Mar Beginning cash balance $ 50,000 $ 50,000 Cash Receipts $518,000 406,000 470,000 Cash Payments $465,900 353,900 524,000 Feb Mar Keller requires a minimum cash balance of $50,000 at each month-end. If necessary, loans are taken to meet this requirement at a cost of 1% per month. Interest is paid monthly and it is computed based on the beginning balance of the loan for that month. Keller repays loan principal with any cash in excess of $50,000. On January 1, the company has a cash balance of $50,000 and a loan balance of $100,000 (I have entered this amount for you in the Loan Activity section) Ending cash balance Loan Activit Loan beginning balance Additional loan(repay) Loan ending balance 100,000 Prepare monthly cash budgets for January, February and March. I have provided a general guide and entered the Beginning Cash Bnce title and Ending Cash Balance title - be sure to fill in the remaining lie tiles on the Budget. Please do not abbreviate