A company is preparing its cash budget for the first quarter of the year. It has $1050 in cash at the beginning of the period. Cash sales for the quarter are budgeted at $31700. Selling and administrative expenses are budgeted at $8900, which includes $2500 depreciation. Cash expenses are paid in the month incurred. Cash payment for inventory purchases are budgeted at $26350. The desired cash balance on March 31 is $4600. How much financing will the company need during the quarter