Taylor Services, Inc., has $8,600 cash on hand on August 1. The company requires a minimum cash balance of $7,500. August cash collections are $548,430. Total cash payments for August are $574,340. Prepare a cash budget for August. How much cash, if any, will Taylor need to borrow by the end of August? . . . . . 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 August 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) By the end of August, Taylor $