Easter Bunny Ltd is worried about cash flows. The company has EUR 2,000 in cash at the start of February. January's total sales were EUR 40,000 and total sales in February are expected to be EUR 50,000. Sales are 40 percent cash sales and 60 percent account sales collected in the following month. Production costs in February are expected to be EUR 30,000, all of which must be paid during February. The company would also like to buy equipment that costs EUR 20,000.

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How much will the company have to borrow to have EUR 800 in cash at the end of February? Mark the correct answer.