1.) The following information was taken from Concord Corporations cash budget for the month of July:

Beginning cash balance	$520000
Cash receipts	334000
Cash disbursements	554000

If the company has a policy of maintaining a minimum end of the month cash balance of $440000, the amount the company would have to borrow is

A.)

$300000.

B)

$140000.

C.)

$80000.

D.)

$106000.