ABC Corporation is preparing its cash budget for August. The budgeted beginning cash balance is $17,000. Budgeted cash receipts total $187,000 and budgeted cash disbursements total $177,000. The desired ending cash balance for each month is $30,000. The company can borrow up to $120,000 at any time from a local bank, but does not want to incur unnecessary interest charges by borrowing more than it needs to. What should the company do? borrow $30,000 borrow $20,000 borrow $120,000 borrow $3,000 borrow $10,000