The controller of Bramble Company wants to improve the company's control system by preparing a month-by-month cash budget. The following information is for the month ending July 31, 2025. June 30, 2025, cash balance Dividends to be declared on July 15* $43,200 11,520 Cash expenditures to be paid in July for operating expenses 39,168 Amortization expense in July 4,320 Cash collections to be received in July 86,400 Merchandise purchases to be paid in cash in July 53,952 Equipment to be purchased for cash in July 19,200 *Dividends are payable 30 days after declaration to shareholders of record on the declaration date. Bramble Company wants to keep a minimum cash balance of $24,000. (a) Prepare a cash budget for the month ended July 31, 2025, and indicate how much money, if any, Bramble Company will need to borrow to meet its minimum cash requirement. BRAMBLE COMPANY Cash Budget