Young Manufacturing has $10,700 cash on hand on October 1. The company requires a minimum cash balance of $7,800. October cash collections are $552,000. Total cash payments for October are $584,000. Prepare a cash budget for October. How much cash, if any, will Young need to borrow by the end of October? Complete the cash budget below. (Use parentheses or a minus sign for negative ending cash balances or deficiencies.) Young Manufacturing Cash Budget For the Month Ended October 31 Beginning cash balance Cash collections from customers Cash available before financing Total cash payments Endinn rach halanca hefnre financing Enter any number in the edit fields and then continue to the next question. Young Manufacturing has $10,700 cash on hand on October 1. The company requires a minimum cash balance of $7,800. October cash collections are $552,000. Total cash payments for October are $584,000. Prepare a cash budget for October. How much cash, if any, will Young need to borrow by the end of October? For the Month Ended October 31 Beginning cash balance Cash collections from customers Cash available before financing Total cash payments Ending cash balance before financing Minimum cash balance desired Cash excess (deficiency) Young cash by the end of October Enter ar has excess cash of and then continue to the next question. ? needs to borrow