Fielding Wilderness Outfitters had projected its sales for the first six months of 2010 to be as follows: Jan $ 50,000 Apr. $180,000 Feb. $ 60,000 May $ 240,000 Mar. $ 100,000 June $ 240,000 Cost goods of sold is 60% of sales. Purchases are made and paid for two months prior to sale. 40% of sales are collected in the month of the sale, , 40% are collected in the month following the sale, and the remaining 20% in the second month following the sale. total other cash expenses are 40,000 per month. The companys cash balance as of March 1st,2010 is projected to be 40,000, and the company wants to maintain a minimum cash balance of $15,000.Excess cash will be used to retire short term borrowing (if any exists). Fielding has no short term borrowing as of march 1st 2010.Assume that the interest on short term borrowing is 1% per month. How much short term financing is needed by March 30,2010?