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

$enter amount to be borrowed in dollars

Current Attempt in Progress Your answer is incorrect. 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 $ 8400