please show explanation and work

Vernon Medical Clinic has budgeted the following cash flows. Cash receipts Cash payments For inventory purchases For S&A expenses January $ 117,eee 98, see 39, see February $ 123,eee 80, see 40 5 ee March 143, eee 93, see 35, see Vernon Medical had a cash balance of $16,500 on January 1. The company desires to maintain a cash balance of $10,000. Funds are assumed to be borrowed, in increments of $1,000, and repaid on the last day of each month; the interest rate is 3 percent per month. Repayments may be made in any amount available. Vernon 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. Note: Round intermediate and final answers to the nearest whole dollar arnounts. Any repayments/shortage should be indicated with a minus sign. as u ge Section 1: Cash Receipts Total cash available Section 2: Cash Payments Total budgeted disbursements Section 3: Financing Activities anuary e rua arc