Lindor Enterprises projects sales for the first three months of the year to be: $10,600 in January, $12,500 in February, and $12,900 in March. Cash receipts are expected to be: $8,430 in January, $12,050 in February, and $12,590 in March. They anticipate the following cash payments: All costs are paid in the month incurred except: direct materials, which are paid in the month following the purchase; utilities, which are paid in the month after incurred; and property taxes, which are prepaid for the year on January 2. The Accounts Payable and Utilities Payable accounts have a zero balance on January 1. Also, Lindor Enterprises beginning cash balance is $3,100 and they desire to maintain a minimum ending cash balance of $3,100. Lindor Enterprises borrows cash as needed at the beginning of each month in increments of $1,100 and repays the amounts borrowed in increments of $1,100 at the beginning of months when excess cash is available. The interest rate on borrowed amounts is 6% per year. Interest is paid at the beginning of the month on the outstanding balance from the previous month. Complete a Cash Budget for Lindor Enterprises. C