will rate!!

show good work plz!!

Walton Medical Clinic has budgeted the following cash flows January $118,000 February $124,eee March Cash receipts Cash payments For inventory purchases For S&A expenses $144,000 99,000 48,e00 81,eee 41,000 94,eee 36,eee Walton Medical had a cash balance of $17000 on January 1. The company desires to malntain a cash cushion of $5,000. Funds are assumed to be borrowed, In Increments of $1,000, and repaid on the last day of each month; the Interest rate Is 1 percent per month. Repayments may be made In any amount available. Walton pays its vendors on the last day of the month also. The company had a monthly $40,000 beginning balance In its line of credit liability account from this year's quarterly results. Required Prepare a cash budget (Round Intermediate and final answers to the nearest whole dollar amounts. Any repayments/shortage should be Indicated with a minus sign.) Cash Budget January February March S Cash available 0 0 Less: Cash payments Total budgeted payments Payments minus receipts C Financing Activity