Matuseski Corporation is preparing its cash budget for October. The budgeted starting cash balance is $17,000. Budgeted cash receipts total $187,000 and budgeted cash disbursements total $177,000. The desired ending cash balance is $40,000. The company can borrow up to $120,000 at any time from a local bank, with interest not due till the given month.
Make the company's cash budget for October in good form.