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The following table includes quarterly working capital levels for your firm for the next year. If you want to limit your maximum short-term borrowing to

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The following table includes quarterly working capital levels for your firm for the next year. If you want to limit your maximum short-term borrowing to $503,000 and maintain a minimum cash balance of $105,000, how much excess cash must you carry? The excess cash needed is $ (Round to the nearest dollar.)

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