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Brockney Incorporated is preparing its cash budget for March. The budgeted beginning cash balance is $ 2 8 , 0 0 0 . Budgeted cash
Brockney Incorporated is preparing its cash budget for March. The budgeted beginning cash balance is $ Budgeted cash receipts total $ and budgeted cash disbursements total $ The desired ending cash balance is $ The company can borrow up to $ at any time from a local bank, with interest not due until the following month. Required: Prepare the company's cash budget for March in good form. Make sure to indicate what borrowing, if any, would be needed to attain the desired ending cash balance.
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