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

Cash balance, beginning	$ 15,000
Collections from customers	145,000
Direct materials purchases	25,000
Expenses:
Operating expenses	50,000
Payroll	75,000
Income taxes	6,000
Other:
Machinery purchases	30,000

Operating expenses include $20,000 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 outflows and shortages should be indicated with a minus sign.)

Marsha Inc. has the following budgeted data for the coming year: Cash balance, beginning $ 15,000 Collections from customers 145,000 Direct materials purchases 25,000 Expenses: Operating expenses 50,000 Payroll 75,000 Income taxes 6,000 Other: Machinery purchases 30,000 Operating expenses include $20,000 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 outflows and shortages should be indicated with a minus sign.)