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Bentonville Medical Center has provided you with the following budget information for July: Cash collections $918,000 July 1 cash balance 32,000 Cash disbursements 1,020,400 Bentonville

Bentonville Medical Center has provided you with the following budget information for July:

Cash collections $918,000

July 1 cash balance 32,000

Cash disbursements 1,020,400

Bentonville has a policy of maintaining a minimum cash balance of $30,000 and borrows only in $1,000 increments. How much will Bentonville borrow in July?

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