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Homework Answers
Cash budget
| Beginning cash balance | 14,233 |
| Add: Expected cash receipts | 112,752 |
| Total available cash | 126,985 |
| Less: Cash disbursements | - 133,400 |
| Shortage of cash | - 6,415 |
| Add: Borrowings | 15,695 |
| Ending cash balance | $9,280 |
Hence, Marigold must borrow = $15,695
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