The company's beginining cash balance for the upcoming fiscal yest.wit be $45,000. The company requites a minimum cash balance of 5 to, 000 and may barrow any amount needed from a local banik at a quartely interest fate of 3%. The cormpany may boftow any amount at the beginning of any quarter and may repay its loans, or any part of its loans, at the end of any quartec interest payments are due on any peincipas at the time it is repaid. For simplicity, assume that interest is not compounded. Requirest Piepare the company's cash budget for the upcoming fiscalyeat. Note: Aepayments, interest, and cash deficlencies should be indicated by a minus sign. Garden Depot is a retaller that is preparing its budget for the upcoming fiscal yeat Management has prepared the following summary of its budgeted cash flows: The company's beginning cash baiance for the upcoming fiscal year will be $45.000. The company requires a minimum cash balance of $10.000 and may borrow any amount needed from a local bank at a quarterly interest rate of 3\%6. The company may borrow any amount at the beginning of any quarter and may repay its loans, or any part of its loans, at the end of any quarnet interest poyments are due on any principal at the time it is repaid. For simplicity. assume that interest is not compounded. Required: Prepare the compony's cash budget for the upcoming fiscal yoat. Note: Repwyments, interest, and cash deficiencies should be indicated by a minus sign. Requiren. Prepare the company's cash buciget for the upcoming fiscal year. Note: Repayments, interest, and cash deficiencies should be indicated by a minus sign