Bookworm Publishers publishes books and they have gathered the following data for the month of​ October: DataCash on​ 8/1​$7,000Expected Cash Collections​$350,000Direct Materials Cash Disbursements​$62,000Direct Labor Cash Disbursements​$45,000MOH Cash Disbursements​$43,000Operating Expenses Cash Disbursements​$85,000Capital Expenditures Cash Disbursements​$125,000Bookworm Publishers requires an ending cash balance of at least​ $5,000 and can borrow from a line of credit in​ $1,000 increments. What is the excess or deficiency of cash for​ October?