Key information for cash budgeting purposes is as follows The company wants to maintain a minimum cash balance of $5,000 If the balance fals below $5,000, a short term loan is automatically arranged. Interest on this loan is: charged at the rate of 50% per year, and - paid in the month after the loan is taken. If the cash balance in a given month exceeds $5,000, the excess is automaticaly appled as repayment of any existing short term ioan balance There was an outstanding shortterm loan balance of $7,600 on December 31 , and the cash balance at that time was $5,000 Required: Finish the cash budget for January, selecting the headings from the dropdown menus and entering the amounts as necessary \begin{tabular}{|l|ll|} \hline Cash Receipts & $ & \multicolumn{2}{|c|}{ Jan } \\ \hline Cash Payments (not including interest) & $ & 83,000 \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline \end{tabular} Ending Short-term loan outstanding