The following information was taken from Southgate Industry's cash budget for the month of July: Beginning cash balance $490,317 Cash receipts 315,661 Cash disbursements 552,107 If the company has a policy of maintaining a minimum end of the month cash balance of $400,041, 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.