A company owes $15,000 to the bank as of November 30. The company is preparing a cash budget for December and anticipates $30,000 in cash receipts and $34,500 in cash disbursements during December. The expected cash balance on November 30 is $12,000. The company has an agreement with its bank to maintain a cash balance of at least $9,000. To maintain the $9,000 minimum balance, during December the company must: O Borrow $4,500. O Repay $1,500 O Borrow $1,500. O Repay $7,500. *