Ch. 8 - Hershey, Inc is preparing its cash budget for the month of December for one of its chocolate products. Hershey has calculated for this product that Cash Receipts are $47,000 and that Cash disbursements are $56,000. On December 1, the cash balance was $38,000. Hershey's purchased equipment costing $25,000, and paid dividends of $7,500. The company must maintain a minimum cash balance of $10,000. Ignoring interest payments, during December Hershey's will need to borrow: $10,000 $0 $4,500 $13,500