Howard Services, Inc., has $8,500 cash on hand on December 1. The company requires a minimum cash balance of $7,300. December cash collections are $548.410. Total cash payments for December are $583,360. Prepare a cash budget for December. How much cash, if any, will Howard need to borrow by the end of December? Complete the cash budget below. (Use parentheses or a minus sign for negative ending cash balances or deficiencies.) Howard Services, Inc. Combined Cash Budget For the Month Ended December 311 Beginning cash balance Plus: Cash collections Total cash available Less: Cash payments Ending cash balance before financing Minimum cash balance desired Cash excess (deficiency)