Ari, Inc. is working on its cash budget for December. The budgeted beginning cash balance is $29,000. Budgeted cash receipts total $142,000 and budgeted cash disbursements total $141,000. The desired ending cash balance is $70,000. To attain its desired ending cash balance for December, the company needs to borrow: Any borrowing is in multiples of $1,000 and Interest is paid in the month following the borrowing To attain its desired ending cash balance for December, the company needs to borrow Multiple Choice $o. $70,000 $40,000 $100,000