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Sheridan Company management wants to maintain a minimum monthly cash balance of $ 2 2 , 0 0 0 . At the beginning of April,

Sheridan Company management wants to maintain a minimum monthly cash balance of $22,000. At the beginning of April, the cash balance is $22,000, expected cash receipts for April are $215,600, and cash disbursements are expected to be $224,400.
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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