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Dengel Inc. Usually maintains a minumum cash balance of 50,000 and is working on its cash budget for November. The budgeted beginning cash balance is

Dengel Inc. Usually maintains a minumum cash balance of 50,000 and is working on its cash budget for November. The budgeted beginning cash balance is 24,000. Budgeted cash receipts total 177,000 and budgeted cash disbursements total 167,000. To attain its desired ending cash balance for November, how much does the company need to borrow?

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