Sheridan Company management wants to maintain a minimum monthly cash balance of $28,500. At the beginning of April, the cash balance is $28,500, expected cash receipts for April are $279,300, and cash disbursements are expected to be $290,700. 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 $ Sheridan Company management wants to maintain a minimum monthly cash balance of $28,500. At the beginning of April, the cash balance is $28,500, expected cash receipts for April are $279,300, and cash disbursements are expected to be $290,700. 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 $