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Zheng Industries is preparing a cash budget for June. The company has $26,500 cash at the beginning of June and anticipates $92,000 cash receipts and

Zheng Industries is preparing a cash budget for June. The company has $26,500 cash at the beginning of June and anticipates $92,000 cash receipts and $115,040 in cash disbursement during June. The company has no loans outstanding on June 1. Compute the amount the company must borrow, if any, to maintain a $20,000 cash balance.

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