Chapter 20 HW 10 1 OS 20-23 Budgeted loan activity LO P2 Santos Co. in preparing a cash budget for February. The company has $14,000 cash at the beginning of February and anticipates 573.000 in cash receipts and S103,000 in cash payments during February, What amount, if any, must the company borrow during February to maintain a $6.000 cash balance? The company has no loans outstanding on February 1 (Negative cash balonces, if any. should be indicated with minus sign) Doo SANTOS CO Cash Budget For Month Ended February 20 Beginning cash balance Total cash available Preliminary cash balance Ending cash balance Mc Graw Hill Pro 10 of 10 Noxt