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Waterway Company management wants to maintain a minimum monthly cash balance of $25,500. At the beginning of April, the cash balance is $25,500, expected cash

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Waterway Company management wants to maintain a minimum monthly cash balance of $25,500. At the beginning of April, the cash balance is $25,500, expected cash receipts for April are $249,900, and cash disbursements are expected to be $260,100. How much cash, if any, must be borrowed to maintain the desired minimum monthly balance? Amount to be borrowed to maintain the desired minimum monthly balance

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