Indigo Corporations management wants to maintain a minimum monthly cash balance of $11,360. At the beginning of September, the cash balance is $17,423, expected cash receipts for September are $138,024, and cash disbursements are expected to be $163,300. How much cash, if any, must Indigo borrow to maintain the desired minimum monthly balance? Determine your answer by using the basic form of the cash budget. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

INDIGO CORPORATION Cash Budget For September
select an opening cash budget item Excess (deficiency) of available cash over cash disbursements Cash receipts for September Beginning cash balance Total available cash Borrowings Ending cash balance Cash disbursements for September		$enter a dollar amount
select between addition and deduction Add Less : select an opening name for section one Cash disbursements for September Ending cash balance Beginning cash balance Cash receipts for September Borrowings Total available cashExcess (deficiency) of available cash over cash disbursements		enter a dollar amount
select a summarizing line for the first part Ending cash balance Beginning cash balance Cash disbursements for September Total available cash Cash receipts for September Borrowings Excess (deficiency) of available cash over cash disbursements		enter a total amount for the first part
select between addition and deduction Add Less : select an opening name for section two Ending cash balance Cash receipts for September Excess (deficiency) of available cash over cash disbursements Cash disbursements for September Borrowings Beginning cash balance Total available cash		enter a dollar amount
select a summarizing line for the second part Borrowings Total available cash Beginning cash balance Excess (deficiency) of available cash over cash disbursements Ending cash balance Cash receipts for September Cash disbursements for September		enter a total amount for the second part
select between addition and deduction Add Less : select a cash budget item Cash disbursements for September Beginning cash balance Total available cash Excess (deficiency) of available cash over cash disbursements Borrowings Ending cash balance Cash receipts for September		enter a dollar amount
select a closing cash budget item Excess (deficiency) of available cash over cash disbursements Cash receipts for September Cash disbursements for September Total available cash Ending cash balance Borrowings Beginning cash balance		$enter a total amount for the cash budget

Hence, Indigo must borrow $

.