35) Ari, Inc. is working on its cash budget for December. The budgeted beginning cash balance is $20,000. Budgeted cash receipts total $133,000 and budgeted cash disbursements total $132,000. The desired ending cash balance is $52,000. To attain its desired ending cash balance for December, the company needs to borrow: Any borrowing is in multiples of $1,000 and interest is paid in the month following the borrowing.

To attain its desired ending cash balance for December, the company needs to borrow:

Multiple Choice

• $0.

• $52,000.

• $31,000.

• $73,000.