Assume ABC Company wants to maintain the minimum cash balance end of each month of $20,000. ABC has the following projected cash flows for July 2021: Beginning balance $15,000 Expected cash disbursements $18,000 Expected cash receipts $15,000 How much cash ABC needs to borrow in order to keep the target cash balance of $20,000 end of July? Select one: a. $17,000 b. no need to borrow money from the bank c. $12,000 d. $8,000