Young Services, Inc., has $$8,800$ cash on hand on December $1.$ The company requires a minimum cash balance of $$7,000.$ December cash collections are $$548,430.$ Total cash payments for December are $$571,610.$ Prepare a cash budget for December. How much cash, if any, will Young need to borrow by the end of December?

Complete the cash budget below. $($Use parentheses or a minus sign for negative ending cash balances or deficiencies.$)$

Young Services, Inc.

Combined Cash Budget

For the Month Ended December $31$

$\backslash$table$[[$Beginning cash balance,$$8,800$

I tried $$7000$ as the new borrowings and it said it's wrong