A Company is preparing a cash budget for June. The company has $117,250 cash at the beginning of June and anticipates $144,130 in cash receipts and $163,570 in cash disbursements during June. This company has an agreement with its bank to maintain a cash balance of at least $113,750. As of May 31, the company owes $40,000 to the bank. To maintain the $113,750 required balance, during June the company must: