Ari, Incorporated is working on its cash budget for December. The budgeted beginning cash balance is $19,000. Budgeted cash receipts total $132,000 and budgeted cash disbursements total $131,000. The desired ending cash balance is $50,000. 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 $30,000. $0. $70,000. $50,000.