Current Attempt in Progress

Sheridan Company management wants to maintain a minimum monthly cash balance of $$28,500.$ At the beginning of April, the cash balance is $$28,500,$ expected cash receipts for April are $$279,300,$ and cash disbursements are expected to be $$290,700.$

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