cement works has a beginning cash balance for the quarter of $1211. The company requires a minimum cash balance of $1200 and uses a loan account to maintain the balance. The funds have been borrowed, then they are we paid as soon as excess funds are available. Currently, that's outside ending loan balance is $1318. How much will be borrowed or repaid this quarter if the quarterly receipts are $4209 and the quarterly this disbursements are $3800.

options:

repay $402

borrow $413

borrow $416

repay $413

borrow $402

i had the wrong number, here is the correvt number

disbursements are $3,807*