The controller of Swifty 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, 2022. June 30, 2022, cash balance $36.900 Dividends to be declared on July 15* 9.840 Cash expenditures to be paid in July for operating expenses 33,456 Amortization expense in July 3,690 Cash collections to be received in July 73,800 Merchandise purchases to be paid in cash in July 46,084 Equipment to be purchased for cash in July 16,400 *Dividends are payable 30 days after declaration to shareholders of record on the declaration date. Swifty Company wants to keep a minimum cash balance of $20,500. (a) Prepare a cash budget for the month ended July 31, 2022, and indicate how much money, if any, Swifty Company will need to borrow to meet its minimum cash requirement. SWIFTY COMPANY Cash Budget $