Chapter 8: Dreamcastle Inc. has a note payable with its bank with an outstanding balance of $ 120,000 at the beginning of April. Under the terms of the loan, Dreamcastle must maintain a minimum cash balance of $ 40,000 and make monthly interest payments. The budgeted beginning cash balance for April is $40,000. Budgeted cash receipts total $129,000 and budgeted cash disbursements for operations total $114,000. Additionally, Dreamcastle must pay $300 of interest for the month of April. The owner of Dreamcastle would like to reduce the outstanding note payable. What is the maximum amount Dreamcastle could pay on the note payable at the end of April? 15,300 14,700 0 15,000