The following trial balance was drawn from the records of Havel Company as of October 1, year 2. Cash $ 16,000 Accounts receivable 60,000 Inventory 40,000 Store equipment 200,000 Accumulated depreciation $ 76,800 Accounts payable 72,000 Line of credit loan 100,000 Common stock 50,000 Retained earnings 17,200 Totals $ 316,000 $ 316,000 c. Indicate whether Havel will need to borrow money during October by preparing October's Cash Budget. (Negative amounts should be indicated by a minus sign.)

Required information [The following information applies to the questions displayed below.] The following trial balance was drawn from the records of Havel Company as of October 1, year 2 . Indicate whether Havel will need to borrow money during October by preparing October's Cash Budget. (Negative amounts should indicated by a minus sign.) Required information [The following information applies to the questions displayed below.] The following trial balance was drawn from the records of Havel Company as of October 1, year 2 . Indicate whether Havel will need to borrow money during October by preparing October's Cash Budget. (Negative amounts should indicated by a minus sign.)