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A company is working on its cash budget for June. The budgeted beginning cash balance is $16,000. Budgeted cash receipts total $188,000 and budgeted cash

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A company is working on its cash budget for June. The budgeted beginning cash balance is $16,000. Budgeted cash receipts total $188,000 and budgeted cash disbursements total $187,000. The desired ending cash balance is $40,000. To attain its desired ending cash balance, the company needs to borrow: O a $15,000 Ob. $23.000 C. $204,000 d. $0 00 $17,000

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