a$.)$ Complete the monthly cash budgets for the second quarter of $2022$ using the following format. Note that the ending cash balance for June is provided as a check figure.

b$.)$ Assume that management of SeaTech Incorporated desires to maintain a minimum cash balance of $$10,000$ at the beginning of each month and has arranged a $$50,000$ line of credit with a local bank at an interest rate of $10\%$ to ensure the availability of funds.Borrowing transactions are to occur only at the end of months in which the budgeted cash balance would otherwise fall short of the $$10,000$ minimum balance. Repayments of principal and interest are to occur at the end of the earliest month in which sufficient funds are expected to be avaliable for repayment