company must: Multiple Choice Repay $4,500. Repay $5,500. Borrow $5,500. Borrow $10,000. Borrow $4,500

Western Company is preparing a cash budget for June. The company has $11,000 in cash at the beginning of June and anticipates $31,000 in cash receipts and $36,500 in cash payments during June. Western Company has an agreement with its bank to maintain a minimum cash balance of $10,000. As of May 31, the company has no loans outstanding. To maintain the $10,000 required balance, during June the company must: Multiple Choice O O O O O Repay S4,soo. Repay SS,SOO_ Borrow $5,500. Borrow $10,000. Borrow $4,500.