6. Nexus Corporation has a cash balance of $22,000 on August 1. The company must maintain a minimum cash balance of $21,000. During A ugust, expected cash receipts are $76,000. Cash disbursements during the month are expected to total $98,000. How much, if any, will the company need to borrow: A) 50 C) $21,000 B) 519,000 D) $76,000 9. Company X provided the following budgeted information for April through July: - The cash balance on June 1 is $12,000. - The company pays 50% of merchandise purchases in the month purchased and 50% in the following month. - General operating expenses are budgeted to be $32,000 per month of which depreciation is $3,000 of this amount. Management pays operating expenses in the month incurred. - The company makes loan payments of $3,200 per month of which $600 is interest and the remainder is principal. How much are budgeted cash disbursements for June? A) $118,200 C) $200,200 B) $120,200 D) $117,200