Foyert Corporation requires a minimum $$7,700$ cash balance. Loans taken to meet this requirement cost $2\%$ interest per month $($paid at the end of each month$).$ Any preliminary cash balance above $$7,700$ is used to repay loans at month$-$end. The cash balance on October $1$ is $$7,700,$ and the company has an outstanding loan of $$3,700.$ Budgeted cash receipts $($other than for loans received$)$ and budgeted cash payments $($other than for loan or interest payments$)$ follow. Foyert Corporation requires a minimum $$7,700$ cash balance. Loans taken to meet this requirement cost $2\%$ interest per month $($paid at

the end of each month$).$ Any preliminary cash balance above $$7,700$ is used to repay loans at month$-$end. The cash balance on

October $1$ is $$7,700,$ and the company has an outstanding loan of $$3,700.$ Budgeted cash receipts $($other than for loans received$)$ and

budgeted cash payments $($other than for loan or interest payments$)$ follow.

Prepare a cash budget for October, November, and December. $($Negative balances and Loan repayment amounts $($if any$)$ should be

indicated with minus sign. Round your final answers to the nearest whole dollar.$)$

October November December

Cash receipts $ $23,700$ $ $17,700$ $ $21,700$

Cash payments $26,55016,70014,300$

Prepare a cash budget for October, November, and December. $($Negative balances and Loan repayment amounts $($if any$)$ should be indicated with minus sign. Round your final answers to the nearest whole dollar.$)$