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During December, the capital budget indicates a $280700 purchase of equipment for cash. The ending November cash balance is budgeted to be $39200. Cash receipts

During December, the capital budget indicates a $280700 purchase of equipment for cash. The ending November cash balance is budgeted to be $39200. Cash receipts are $839200, and cash disbursements are $609400 during December. The company wants to maintain a minimum cash balance of $20400. What is the minimum cash loan that must be planned to be borrowed from the bank during December? O $0 O $11700 O $50900 O $32100

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