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Cullumber Company management wants to maintain a minimum monthly cash balance of $21,000. At the beginning of April, the cash balance is $21,000, expected cash

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Cullumber Company management wants to maintain a minimum monthly cash balance of $21,000. At the beginning of April, the cash balance is $21,000, expected cash receipts for April are $205,800, and cash disbursements are expected to be $214,200. How much cash, if any, must be borrowed to maintain the desired minimum monthly balance? Amount to be borrowed to maintain the desired minimum monthly balance $ 21,000

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