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Batista Company management wants to maintain a minimum monthly cash balance of $20,200. At the...

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Accounting

Batista Company management wants to maintain a minimum monthly cash balance of $20,200. At the beginning of April, the cash balance is $21,890, expected cash receipts for April are $244,157, and cash disbursements are expected to be $254,517. How much cash, if any, must be borrowed to maintain the desired minimum monthly balance?

Amount to be borrowed to maintain the desired minimum monthly balance

$

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