QS 22-23 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 $66,000 in cash receipts and $105,000 in cash disbursements during February, What amount, if any, must the company borrow during February to maintain a $5,000 cash balance? The company has no loans outstanding on February 1 (Negative cash balances, if any, should be indicated with minus sign.) SANTOS CO Cash Budget For Month Ended February 28 Beginning cash balance $ Cash receipts Total cash available Cash payments Preliminary cash balance Additional loan from bank Ending cash balance 10,000 66,000 75,000 105,000