Unlce caps inc a merchandising company has provided the following budgeted amounts for the next budget period:

Beginning cash balance: $30200

Cash collections: 680000

Payments for:

Purchase of merchandise inventory 349000

Selling and administrative expenses 70900

Capital expenditure 88600

A minimum cash balance of $250,000 is required to be maintained. The company can borrow increments of $10000 as and when required. Assume the company can borrow the needed funds at the end of the period. Calculate the ending cash balance for hes budget period