Actual and projected sales of an entity for September and October are as follows September (actual) Cash sales= 20000 Credit sales= 50000 October (projected) Cash sales = 30000 Credit sales =55000 All credit sales are collected in the month following the month in which the sales is made the September 30 cash balance is 23000 cash disbursement in October are projected to be 94000to maintain a minimum cash balance of 15000 on October 31 the entity will need to borrow A. O B. 6000 C. 11000 D. 16000