Prepare the monthly cash budget assuming Yo Co. wants to maintain a minimum cash balance of $20. Yo Co. pays interest monthly based on that month's beginning loan balance. List disbursements in the order they're given. Nov Dec Beginning cash balance Depreciation expense Equipment purchase Loan balance (24% annual rate) Other cash expenditures Payments to suppliers Receipts from customers 20.00 50.00 50.00 15.00 50.00 30.00 33.00 70.00 84.00 200.00 160.00 20.00 20.00 Salary payments November December Beginning cash balance Cash Receipts: 20.00 Receipts from customers 200.00 $160 Cash Disbursements Show disbursements as negative #'s (15.00) $ (1.00) $ (30.00) $ (70.00) $ (20.00) $ $4 Equipment purchase Interest Payment Other cash expenditures (33) (84) (20) Payments to suppliers Salary payments Preliminary balance Repayment Ending cash balance 84.00 (50.00) %24 %24