The controller of Arrowroot Company wishes to improve the company's control system by preparing a monthly cash budget. The following information relates to the month ending July 31, 2021 June 20, 2021, Cash balance Dividends to be paid in cash in July Cast expenditures to be paid in July for operating expenses Depreciation expense Cash collections to be received Merchandise purchases to be paid in cash Equipment to be purchased for cash Arrowroot company wishes to maintain a minimum cash balance of $112,000 35,000 79, 100 11,200 189,000 117.900 44,100 52,000 Required: 1. Prepare a cash budget for the month ended July 31, 2021, indicating how much If anything, Arrowroot will need to borrow to meet its minimum cash requirement. (Leave no cells blank.be certain to enter "o" wherever required.)