Marsha Inc. has the following budgeted data for the coming year:

Cash balance, beginning	$ 15,900
Collections from customers	145,900
Direct materials purchases	25,900
Expenses:
Operating expenses	51,800
Payroll	75,900
Income taxes	6,000
Other:
Machinery purchases	30,900

Operating expenses include $20,900 depreciation for buildings and equipment. All purchases of materials are paid for in the period of purchase. The company requires a minimum cash balance of $25,000.

Compute the amount the company needs to finance or the excess cash available for Marsha to invest. (Cash shortage should be indicated with a minus sign.)

Marsha, Inc.
Cash Budget for Coming Year
Beginning cash balance
Net cash flow from operations:
Cash inflows:
Cash collections from customers
Cash outflows:
Direct materials purchases
Operating expenses
Less: Depreciation
Payroll
Income taxes			0
Investing activities:
Purchase of machinery
Financing activities:
Cash excess (shortage) before financing
Minimum cash balance required
New financing required
Budgeted end-of-period cash balance