148 Assume a merchandising company provides the foll Cash balance, May 1 Cash collections from customers Cash disbursements for merchandise purchases. Cash disbursements for selling and administrative expenses $ 20,000 $ 80,000 $ 35,000 $ 40,000 If the company wishes to maintain a minimum cash balance of $30,000 at the end of every month, then its borrowings at the beginning of May will equal? Multiple Choice O 50 $5,000 $25,000 $20,000