A corporation is preparing its cash budget for the month. The budgeted beginning cash balance is $54,000. Budgeted cash receipts total $127,000 and budgeted cash disbursements total $99,000. The desired ending cash balance is $100,000. The company can borrow up to $150,000 at any time from a local bank, with interest not due until the following month. Required: Prepare the company's cash budget for the month in good form. For full credit, indicate what borrowing, if any, would be needed to attain the desired ending cash balance.