Brockney Incorporated is preparing its cash budget for March. The budgeted beginning cash

balance is $$28,000.$ Budgeted cash receipts total $$105,000$ and budgeted cash disbursements

total $$92,000.$ The desired ending cash balance is $$60,000.$ The company can borrow up to

$$60,000$ 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.