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A corporation is preparing its cash budget for January. The budgeted beginning cash balance is $18,600. Budgeted cash receipts total $186,000 and budgeted cash disbursements

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A corporation is preparing its cash budget for January. The budgeted beginning cash balance is $18,600. Budgeted cash receipts total $186,000 and budgeted cash disbursements total $189.200. The desired ending cash balance is $30,600 To attain its desired ending cash balance for January, the company should borrow. Multiple Choice $15,200 $0 $30,600 $46,000

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