Freet Inc. is preparing its cash budget for November. The budgeted beginning cash balance is $21,000. Budgeted cash receipts total $100,000 and budgeted cash disbursements total $99,000. The desired ending cash balance is $55,000. The company can borrow up to $130,000 at any time from a local bank, with interest not due until the following month. Required: Prepare the company\'s cash budget for November in good form. Make sure to indicate what borrowing, if any, would be needed to attain the desired ending cash balance. (Input all amounts as positive values. Omit the \"$\" sign in your response.) Solution Cash balance, beginning $21000 Â Â Add cash receipts 100000 Â Â Total cash available 121000 Â Â Less cash disbursement 99000 Â Â Excess (deficiency) of cash available over disbursements 22000 Â Â Borrowings 33000 Â Â Cash balance, ending 55000 .