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Chilton Company is preparing its cash budget for the upcoming month. The budgeted beginning cash balance is expected to be $ 3 6 , 0

Chilton Company is preparing its cash budget for the upcoming month. The
budgeted beginning cash balance is expected to be $36,000. Budgeted
cash receipts are $102,000, while budgeted cash disbursements are
$126,000. Chilton Company wants to have an ending cash balance of
$42,000. How much would Chilton Company need to borrow to achieve its
desired ending cash balance?
A. $12,000
B. $18,000
C. $54,000
D. $30,000
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