The following information was taken from Southgate Industry's cash budget for the month of July:

Beginning cash balance	$487,942
Cash receipts	317,359
Cash disbursements	541,863

If the company has a policy of maintaining a minimum end of the month cash balance of $412,095, the amount the company would have to borrow is $_______________.

FORMAT: Round all calculations to two decimal places. Your answer should be a positive number rounded to two decimal places. Do not use a $ sign

Note: Answer should be 148,657.00 2 (I am unsure how to get this)