Assume a merchandising company provides the following information from its master budget for the month of May. Cash balance, May 1 Cash collections from customers Cash disbursements for merchandise purchases Cash disbursements for selling & admin, expenses $20,000 $80,000 $35,000 $42,750 $11,600 Depreciation on equipment If the company wishes to maintain a minimum cash balance of $30,000 how much will it have to borrow?