please help on february and march column

Sve & Exit 6 Check my Exercise 20-17 Preparation of cash budgets (for three periods) LO P2 4.5 points 02:07:27 Kayak Co. budgeted the following cash receipts (excluding cash receipts from loans received) and cash payments (excluding cash payments for loan principal and interest payments) for the first three months of next year. Cash Cash Receipts payments January $525,000 $475,000 February 400,000 350,000 March 450,000 525,000 eBook Hint According to a credit agreement with the comparvy's bank, Kayak promises to have a minimum cash balance of $30,000 at each month-end. In return, the bank has agreed that the company can borrow up to $150,000 at a monthly interest rate of 1%, paid on the last day of each month. The interest is computed based on the beginning balance of the loan for the month. The company repays loan principal with any cash in excess of $30,000 on the last day of each month. The company has a cash balance of $30,000 and a loan ba of $60,000 at January 1 Prepare monthly cash budgets for January, February, and March (Negative balances and Loan repayment amounts (if any) should be indicated with minus sign.) Print References March 30,000 KAYAK COMPANY Cash Budget For January, February, and March January February Beginning cash balance $ 30,000 $ 30.000 $ Cash receipts 525,000 400.000 Total cash available 555.000 430,000 Cash payments (475,000) (350.000) Interest expense (600) (100) Preliminary cash balance 79.400 79,894 l'Additional loan doan repayment 149.4001 149.94 450.000 480.000 (525.000) (393) (45,393) M Graw Hill amounts (if any) show eBook 109 Hint March 30,000 450,000 480,000 (525.000) (393) (45,393) KAYAK COMPANY Cash Budget For January, February, and March January February Beginning cash balance s 30 000 $ 30,000 $ Cash receipts 525,000 400,000 Total cash available 555.000 430,000 Cash payments (475,000) (350,000) interest expense (600) (106) Preliminary cash balance 79.400 79,894 Additional loan (loan repayment) (49.400) (49,894) Ending cash balance 30,000 $ 30,000 Loan balance Loan balance - Beginning of month $ 60.000 $ 10,600 $ Additional loan (loan repayment) (49.400) (49,894) Loan balance - End of month 1 10,000 $ (39.294) Print References ME Graw HILI "45393