Humdrum Company is worried about cash flows. The company has \($1,000\) in cash at the start of February. January’s total sales were \($20,000\) and total sales in February are expected to be \($30,000.\) Sales are 30 percent cash sales and 70 percent account sales collected in the following month. Production costs in February are expected to be

\($25,000,\) all of which must be paid during February. The company would also like to buy equipment that costs \($10,000\).

How much will the company have to borrow to have \($800\) in cash at the end of February?