Bennett Company has a cash balance of $36,000 on April 1 . Expected cash receipts during April are $180,000 while expected cash disbursements during the month equal $208,000. The company has a required minimum cash balance of $24,000 at the end of each month. How much will the company need to borrow at the end of April? A) $8,000 B) $12,000 C) $16,000 D) $28,000