Motors Corporation manufactures motors for dirt bikes. The company requires a minimum $30,000 cash balance at each month-end. It necessary, the company borrows to meet this requirement at a cost of 3% interest per month (paid at the end of each month) Any preliminary cash balance above $30,000 at month-end is used to repay loans. The cash balance on July 1 is $39,000, and the company has no outstanding loans. Budgeted cash receipts and budgeted cash payments (other than for interest on the loan and loan activity) follow July August September Cash receipts $ 98,eee $ 116,000 $ 155,000 Cash payments 118,000 184,900 132,400 Prepare a cash budget for July, August, and September (Negative balonces and Loan repayment amounts (if any) should be indicated with minus sign. Round your final answers to the nearest whole dollar) MOTORS CORPORATION Cash Budget July August September Total cash available Less: Cash payments for MOTORS CORPORATION Cash Budget July August September Total cash available Less: Cash payments for Preliminary cash balance Ending cash balance Loan balance Loan balance, Month-end