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Class-E-Parties, Inc. has a beginning cash balance of $81,000 in July. The company maintains a minimum cash balance of $50,000. July cash receipts are budgeted

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Class-E-Parties, Inc. has a beginning cash balance of $81,000 in July. The company maintains a minimum cash balance of $50,000. July cash receipts are budgeted to be $128,000. July cash disbursements are expected to total $162,000. How much will Class2Canoe need to borrow in July? $65,000 $11,000 $3,000 $0

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