Please fill out the sheet(requirement 1) and if possible answer requirement 2. Thank you.

Lim Auto Parts, a family-owned auto parts store, began January with $10.200 cash. Management forecasts that collections from credit customers will be $11,300 in January and $15.100 in February. The store is scheduled to receive $5,500 cash on a business note receivable in January. Projected cash payments include inventory purchases ($13.700 in January and $13,800 in February) and selling and administrative expenses ($2,300 each month). (Click the icon to view additional information about Lirri Auto Parts.) Read the requirements Cash Budget i More Info January and February January February Beginning cash balance 10200 Lim Auto Parts's bank requires a $10,000 minimurr balance in the store's checking Bccount. At the end of any month when the account balance falls below $10.000, Cash receipts from customers the bank automatically extends credit to the store in multiples of $1,000. Lim Auto Cash receipt on note receivable Parts borrows as little as possible and pays back loans in quarterly installments of $2,500, plus 5% APR interest on the entire unpaid principal. The first payment Cash available cccurs three months after the loan. Cash payments: Purchases of inventory Selling and administrative expenses i Requirements Total cash payments Encing cash balance before financing Less Minimum cash balance desired Projected cash excess (deficiency) 1. Prepare Lim Auto Parts's cash budget for January and February 2. How much cash will Lim Auto Parts borrow in February if collections from customers that month total $14,100 instead of $15.1007 Total effects of financing Print Done Ending cash balance