D Question 7 2.5 pts FCC Company is preparing its cash budget for May. The April 30 cash balance is $27,752. Cash receipts are expected to be $522,000 and cash payments for purchases are expected to be $365,200. Other cash expenses expected are $20,500 selling and $33,552 general and administrative. The company desires a minimum cash balance at the end of each month of $30,000. If necessary, the company borrows enough cash to meet the minimum using a short-term note. The corporation's preliminary cash balance before loan activity for May is expected to be (round the final answer to the nearest whole dollar, i.e.. $20,179.5 would be 20,180): D Question 7 2.5 pts FCC Company is preparing its cash budget for May. The April 30 cash balance is $27,752. Cash receipts are expected to be $522,000 and cash payments for purchases are expected to be $365,200. Other cash expenses expected are $20,500 selling and $33,552 general and administrative. The company desires a minimum cash balance at the end of each month of $30,000. If necessary, the company borrows enough cash to meet the minimum using a short-term note. The corporation's preliminary cash balance before loan activity for May is expected to be (round the final answer to the nearest whole dollar, i.e.. $20,179.5 would be 20,180)