The following information was extracted from X Corp's cash budget for July 2019. The following data are as follows: Excess of cash available over disbursements is P 1,700, cash balance as of July 1, 2019 is P 5,000 and a total cash disbursement for July is P 22,500. The business can only borrow in round figures of P 1,000 amounts. If the business is required to maintain a minimum cash balance of P 100,000, how much money should be borrowed in July?