Carla Vista Company has the following cash budget information available for the month of August:

Beginning cash balance		$129,000
Cash receipts from sales and collections on account		115,000
Collection of note receivable and interest		8,100
Cash disbursements for operating expenses		96,400

If the company has a policy of maintaining an end of the month cash balance of $120,000, determine the amount the company would have to borrow or the amount of excess cash it will have to invest in August.

The company would have to invest

$