Question: The following information was taken from Novak Corp. cash budget for the month of April Beginning cash balance $ 146000 Cash receipts 132000 Cash disbursements

The following information was taken from Novak Corp. cash budget for the month of April


Beginning cash balance
$146000
Cash receipts
132000
Cash disbursements
166000
Depreciation
32000

If the company has a policy of maintaining an end of the month cash balance of $122000, the amount the company would have to borrow is


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