Required information [The following information applles to the questions displayed below] Built-Tight is preparing its master budget. Budgeted sales and cash payments follow: Soles to customers are 25% cash and 75% on credit. Sales in June were $57,500. All credit sales are collected in the month following the sale. The June 30 balance sheet includes balances of $19,000 in cash and $5,200 in loans payable. A minimum cash balance or $19,000 is required. Loans are obtained at the end of any month when the prefliminary cash balance is below $19.000. Interest is 1% per month bosed on the beginning-of the-month loan balance and is paid at each month-end. Any preliminary cash balance above $19,000 is used to repay loans at month-end. Expenses are paid in the month incurred and consist of sales commissions (10% or sales), office salaries ( $4.200 per month), and rent ( $6.700 per month). 2. Prepare a cash budget for the months of July, August, and September. (Negative balances and Loan repayment amounts (if Ahy) should be indicated with minus sign. Enter your flinal enswers in whole dollers.) Prepare a cash budget for the months of July, August, and September. (Negative balances and Loan repayment am hould be indicated with minus sign. Enter your final answers in whole dollars.)