FCC Company is preparing its cash budget for May. The April 30 cash balance is $22,752....

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FCC Company is preparing its cash budget for May. The April 30 cash balance is $22,752. Cash receipts are expected to be $522,000 and cash payments for purchases are expected to be $304,200. Other cash expenses expected are $20,500 selling and $33,474 general and administrative. The company desires a minimum cash balance at the end of each month of $30,000. If necessary, the company borrows enough cash to meet the minimum using a short-term note. The corporation's preliminary cash balance before loan activity for May is expected to be (round the final answer to the nearest whole dollar, i.e.. $20,179.5 would be 20,180): FCC Company is preparing its cash budget for May. The April 30 cash balance is $22,752. Cash receipts are expected to be $522,000 and cash payments for purchases are expected to be $304,200. Other cash expenses expected are $20,500 selling and $33,474 general and administrative. The company desires a minimum cash balance at the end of each month of $30,000. If necessary, the company borrows enough cash to meet the minimum using a short-term note. The corporation's preliminary cash balance before loan activity for May is expected to be (round the final answer to the nearest whole dollar, i.e.. $20,179.5 would be 20,180):

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