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Bonita Company management wants to maintain a minimum monthly cash balance of $22,500. At the beginning of April, the cash balance is $22,500, expected cash

Bonita Company management wants to maintain a minimum monthly cash balance of $22,500. At the beginning of April, the cash balance is $22,500, expected cash receipts for April are $220,500, and cash disbursements are expected to be $229,500. Amount to be borrowed to maintain the desired minimum monthly balance

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