Bantam Industries has budgeted the following information for March: If there is a cash shortage, the company borrows money from the bank. All cash is borrowed at the beginning of the month in 5 tooo increments, and interest is paid monthly at 1% on the first day of the following month. The comparly had no debt before March 1 . How much cash will the company need to borrow in March? Multiple Choice $31,000 $4,500 $31,000 $4,500 The company should not need to borrow any cash in March $26,500