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George Services, Inc, has $8,300 cash on hand on January 1. The company requires a minimurn cash balance of $7,300. January cash collections are $548,470.

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George Services, Inc, has $8,300 cash on hand on January 1. The company requires a minimurn cash balance of $7,300. January cash collections are $548,470. Total cash payments for Janus are $560,060. 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 deficiencies.)

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