at the beginning of the school year, katherine malloy decided to prepare a cash budget for the months of september, october, november, and december. the budget must plan for enough cash on december 31 to pay the spring semester tuition, which is the same as the fall tuition. the following information relates to the budget:cash balance, september 1 (from a summer job)$7,570purchase season football tickets in september100additional entertainment for each month260pay fall semester tuition in september4,100pay rent at the beginning of each month370pay for food each month210pay apartment deposit on september 2 (to be returned december 15)500