A firm is analysing its cash budget for June. Assuming its total cash receipts is $1230 and cash penses desired cash balance of $1000 and ended the month of May with $300, how much loans must the tem take to meet y O $1000 the $215 O $515 No loans are needed 1000 A firm is analysing its cash budget for June. Assuming its total cash receipts is $1230 and cash penses desired cash balance of $1000 and ended the month of May with $300, how much loans must the tem take to meet y O $1000 the $215 O $515 No loans are needed 1000