Unici borrows funds, in increments of $1,000, and repays them on the last day of the month. The company also pays its vendors on the last day of the...

Unici borrows funds, in increments of $1,000, and repays them on the last day of the month. Thecompany also pays its vendors on the last day of the month. It pays interest of 1 percent per monthin cash on the last day of the month. To be prudent, the company desires to maintain a $12,000cash cushion. Prepare a cash budget.