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Oriole Company management wants to maintain a minimum monthly cash balance of $22,000. At the beginning of April, the cash balance is $22,000, expected cash

Oriole Company management wants to maintain a minimum monthly cash balance of $22,000. At the beginning of April, the cash balance is $22,000, expected cash receipts for April are $215,600, and cash disbursements are expected to be $224,400. How much cash, if any, must be borrowed to maintain the desired minimum monthly balance?

Amount to be borrowed to maintain the desired minimum monthly balance

$enter amount to be borrowed in dollars

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