S9-13 (similar to) 13 Question Help Taylor Services, Inc., has $8,700 cash on hand on March 1. The company requires a minimum cash balance of $7,200. March cash collections are $548,510. Total cash payments for March are $575,450. Prepare a cash budget for March. How much cash, if any, will Taylor need to borrow by the end of March? Complete the cash budget below. (Use parentheses or a minus sign for negative ending cash balances or deficiencies.) Taylor Services, Inc. Combined Cash Budget For the Month Ended March 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)