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Using the following information, determine how much external funding will be necessary during the coming period ( if any ) . Collections from customers $

Using the following information, determine how much external funding will be necessary during the coming period (if any).
Collections from customers $104,300
Minimum cash balance desired 25,000
Direct labor expense 24,350
Cash balance, beginning 32,000
Manufacturing overhead expense 22,750
Income tax expense 21,680
Selling and administrative expenses 54,140
Direct materials expense 43,200

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