Personal budget At the beginning of the school year, Craig Kovar decided to prepare a cash budget for the months of September, October, November, and December. The budget must plan for enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budget: Cash balance, September 1 (from a summer job) Purchase season football tickets in September Additional entertainment for each month Pay fall semester tuition in September $9,950 150 230 5,200 Pay rent at the beginning of each month 550 Pay for food each month 510 Pay apartment deposit on September 2 (to be returned December 15) 550 Part-time job earnings each month (net of taxes) 1,100 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet a. Prepare a cash budget for September, October, November, and December. Enter all amounts as positive values except cash decrease which should be indicated with a minus sign. Craig Kovar Cash Budget For the Four Months Ending December 31 Estimated cash receipts from: September October November December $ S $ $ Part-time c Deposit Total cash receipts $ Less estimated cash payments for: Season football ti $ Additional entertair Tuition Rent Food Deposit Total cash payments Cach incresce (deceasca) $ $