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: "Dividends are payable to shareholders of record on declaration date, 30 days after declaration. 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 certoin to enter " O " wherefer required.) 2. Supposing the cash management policy at Arrowroot permits borrowing up to $60.000 for the purpose of financial slack, how much will be botrowed