11) ABC Co. has a cash balance of $10,000 on December 1. The company must maintain a minimum cash balance of $7,000. During December expected cash disbursements are $92,000. Expected cash receipts from sales of product and sale of unused equipment during the month total $75,000. During April the company will need to borrow: a) c) d) $14,000 $7,000 $0 $8,000