QS 20.23 Budgeted loan activity LO P2 Santos Co. is preparing a cash budget for February. The company has $10,000 cash at the beginning of February and anticipates $70,000 in cash receipts and $118,000 in cash payments during February. What amount, If any, must the company borrow during February to maintain a $6,000 cash balance? The company has no loans outstanding on February 1 . (Negotive cosh bolances, if ony, should be indicoted with minus sign.)