A company has a cash balance of $17,700 on November 1. The c…

A cоmpаny hаs а cash balance оf $17,700 оn November 1. The company must maintain a minimum cash balance of $14,500. During November, expected cash receipts are $65,000. Cash disbursements during the month are expected to total $77,500. Ignoring interest payments, during November the company will need to borrow: