Manufacturing has$11,000 cash on hand onDecember 1. The company requires a minimum cash balance of$8,300. December cash collections are$550,000. Total cash payments forDecemberare$586,000. make a cash budget forDecember. How muchcash, ifany, willHoward need to borrow by the end ofDecember?

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Complete the cash budget below. (Use parentheses or a minus sign for negative ending cash balances or deficiencies.) Howard Manufacturing Cash Budget For the Month Ended December 31 Beginning cash balance Cash collections from customers Cash available before financing Total cash payments Ending cash balance before financing Minimum cash balance desired Cash excess (deficiency) Howard cash by the end of December