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 10, 2021, cash balance bividends to be paid in cand in July Cashpenditures to be paid in duly for operating expenses Deration 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 $ 90,000 20000 75,600 0,000 112,000 114,400 42,200 38,000 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) ARROWROOT COMPANY Cash Budget for July 31, 2021 Total cash available before current limang Lass disbursements