Seve Question 8 lote Corporation has developed the following cash budget for this year. Beginning Cash Balance Cash Receipts Total Cash 01 Q2 03 04 $2,000 $2,500 $2,865 $2,500 $6,000 $11200 $7,500 $22,500 $8.000 $13,700 $10.365 $25,000 Disbursements Direct Materials Purchases Direct Labour Costs Cash MOH Expenses Cash Administrative Expenses Dividends Purchase of Equipment Total disbursements $2,000 $1,750 $3,500 $4,250 $5,000 $6,500 $3,800 $2750 $1,350 $1,185 $1575 $1,750 $500 $650 $440 $700 5750 $750 $750 $0 $0 $2,500 $0 $9.600 $10,835 $12,565 $15.200 $750 Excess deficiency of cash $-1600 $2,865 $ 2.200 $9,800 Financing Borrowing Repayments $4,100 $0 $0 $0 $4.700 $0 $0 2 Ending Cash Balance $2.500 $2.865 $2.500 $9800 At the end of the year, the form is required to repay all of its outstanding for and the associated interest. The firm pays 6 simple interest per Quartet All borrowing happened at the beginning of the quarter in which the loan was taken How much money does lota expect to repay at the end of the year