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Santos Co . is preparing a cash budget for February. The company has $ 1 6 , 0 0 0 cash at the beginning of

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Santos Co. is preparing a cash budget for February. The company has $16,000 cash at the beginning of February and anticipates $68,000 in cash receipts and $110,000 in cash disbursements 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.(Negative cash balances, if any, should be indicated with minus sign.)
\table[[SANTOS CO.],[Cosh Budget,],[For Month Ended February 28,],[,],[Total cash available,],[,],[Preliminary cash balance,],[,],[Ending cash balance,]
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