Brooks Brothers' beginning balance of cash in November is $18,000. The cash receipts budget is $55,400 and the cash disbursements is $37.500. The required minimum cash balance at the end of the month is $23,000. Any cash over the minimum amount is used to pay down debts as soon as funds become available. The company owed $18,000 to the bank as of October 31. What will be the balance of the loan on November 30? Multiple Choice 55.100 $23.100 $10300