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Question 21 Batista Company management wants to maintain a minimum monthly cash balance of $20,800. At the beginning of April, the cash balance is $22,200,

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Question 21 Batista Company management wants to maintain a minimum monthly cash balance of $20,800. At the beginning of April, the cash balance is $22,200, expected cash receipts April are $245,600, and cash disbursements are expected to be $255,800. 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

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