Titles to be used are:

beg cash balance

Net cash inflow

Interest on short term borrowing

New shortterm borrowing

ending cash balance

minimun cash balance

cumulative surplus

ABC Farm has a cash balance of 34php and a short term loan balance of 180php at the beginning of Q1. The net cash inflow for the first quarter is 36 pesos and for the second quarter, there's a net cash outflow of 48php. All cash shortfalls are funded with short term debt. The firm pays 2% of its prior quarters ending loan balance as interest each quarter. The minimum cash balance is 20php. What is the short term loan balance at the end of quarter 2? Please provide explanations along with the solution. Thank you so much