A Company is preparing a cash budget for June. The company has $80,400 cash at the beginning of June and anticipates $98,810 in cash receipts and $112,200 in cash disbursements during June. This company has an agreement with its bank to maintain a cash balance of at least $78,000. As of May 31, the company owes $29,000 to the bank. To maintain the $78,000 required balance, during June the company must: Borrow $10,990 Repay $13,390 Borrow $29,000 Repay $29,000 Repay $10,990