Roland Services, Inc., has $8,600 cash on hand on May 1. The company requires a minimum cash balance of $7,100. May cash collections are $548,450. Total cash payments for May are $576,080. Prepare a cash budget for May. How much cash, if any, will Roland eed to borrow by the end of May? Roland Services, Inc.
Combined Cash Budget
For the Month Ended May 31
	Beginning cash balance
	Plus: Cash collections
	Total cash available
	Less: Cash payments
	Ending cash balance before financing
	Minimum cash balance desired
	Cash excess (deficiency)