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Santos Company is preparing a cash budget for February. The company has $ 1 7 , 0 0 0 cash at the beginning of February

Santos Company is preparing a cash budget for February. The company has $17,000 cash at the beginning of February and budgets $66,000 in cash receipts from sales and $102,000 in cash payments during February. Prepare the cash budget for February assuming the company maintains a $6,000 minimum cash balance and will take a loan if necessary to maintain this balance. The company has no loans outstanding on February 1.(Negative cash balances, if any, should be indicated with minus sign.)
\table[[SANTOS COMPANY],[Cash Budget,],[Beginning cash balance,],[,],[Total cash available,],[,],[Preliminary cash balance,],[Loan activity,],[,],[Ending cash balance,],[Loan balance, end of month,]]
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