Cash Receipts Beginning Cash Balance Cash Payments Desired Ending Cash Cushion $40,100 $11,000 $48,300 $ 6,000 If there is a cash shortage, the company borrows money. If a surplus occurs funds are used to repay loans or to invest in short-term assets. The company had no debt before January 1st. The amounted "needed" to borrow or the amount available" for repayment of debt in January would be Multiple Choice $2,800 available $3,200 needed $8,800 available $14,200 needed