D) $84,000 1 POINT 12. The following information was taken from Southgate Industry's cash budget for the month of July: Beginning cash balance $480,000 Cash receipts Cash disbursements If the company has a policy of maintaining a m of $400,000, the amount the company would have to borrow is: 304,000 544,000 inimum end of the month cash balance A) $80,000 B) $240,000 C) $96,000 D) $160,000