George Manufacturing has $11,100 cash on hand on January 1. The company requires a minimum cash balance of $7.800. January cash collections are $556,000 Total cash payments for January are $586,000 Prepare a cash budget for January. How much cash if any, will George need to borrow by the end of January? Complete the cash budget below. (Use parentheses or a minus sign for negative ending cash balances or dericiencies.) George Manufacturing Cash Budget For the Month Ended January 31 Beginning cash balance 11100 Cash collections from customers 556000 Cash available before financing 6172000 Total cash payments (586000 Ending cash balance before financing Minimum cash balance desired Coch excess (deficiency George Boys cash by the end of January On Enter an ind then continue to the next cuestion has excess cash of needs to borrow ENG 12:39 PM 2021-04-09 . 8