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Howard Services, Inc, has $8,600 cash on hand on December 1. The company requires a minimum cash balance of $7,200. Decenber cash cellections are $548.

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Howard Services, Inc, has $8,600 cash on hand on December 1. The company requires a minimum cash balance of $7,200. Decenber cash cellections are $548. 560 . Total cash payments for December are 5576, 190. Prepare a cash budget for December. How much cash, If ary, will Howard need to borrow by the end of Decernber? Complete the cash budget below. (Use parentheses or a initus sign for negative ending cash batances or defliciencies )

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