Howard Services, Inc., has $8,700 cash on hand on October 1. The company requires a minimum cash balance of $7,100. October cash collections are $548,450. Total cash payments for October are $570,240. Prepare a cash budget for October. How much cash, if any, will Howard need to borrow by the end of October? 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 October 31 Beginning cash balance Plus: Cash collections Total cash available Less: Cash payments Ending cash balance before financing Minimum cash balance desired Cash excess (deficiency)