Answer:
Answer is given below.
Explanation:
CASH BUDGET  	JAN                FEB                      MARCH
Beginning Balance  30,000          30,000               86,781
Add: Receipt    
Cash Collections-as computed above	525,000	403,000	480,000
Total Cash available  555,000	433,000	566,781
Payments:    
Cash disbursement-as computed above	466,300	344,300	523,000
Total Payments made	466,300	344,300	523,000
Net Balance  88,700	88,700	43,781
Add: Borrowings    
Less: Repayment of principal	-58,100	-1,900	0
Less: Repayment of Interest	-600	-19	0
Ending Balance of cash	30,000	86,781	43,781
Loan balance:    
Beginning balance  60000	1,900	0
Add: Borrowings    
Less: Repayments  -58100	-1900	0
Ending balance of loan	1900	0	0