Current Attempt in Progress

Sheridan Company management wants to maintain a minimum monthly cash balance of $$22,000.$ At the beginning of April, the cash balance is $$22,000,$ expected cash receipts for April are $$215,600,$ and cash disbursements are expected to be $$224,400.$

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