During September, the capital expenditure budget indicates a $280,000 purchase of equipment. The September cash balance (Net Cash) from Operations is budgeted to be $40,000 before considering the capital expenditure purchase. The company wants to maintain a minimum cash balance (El) of $20,000. What is the minimum cash loan that must be planned to be borrowed from the bank during September? $220,000 $240,000 $260,000 $300,000 On January 1, Old Lao Shu Bruce Company has a beginning cash balance of $84,000. During the year, the company expects cash disbursements of $680,000 and cash receipts of $580,000 If Old Lao Shu Bruce Company requires an ending cash balance of $80,000, then this Old Lao Shu must borrow $64,000. $80.000. $96,000. $184,000. On January 1, Xiao Miao Inc has a beginning cash balance of $21,000. During the year, the company expects cash disbursements of $170,000 and cash receipts of $145,000. If Xiao Miao Inc requires an ending cash balance of $20,000, the company must borrow $16,000. $20,000. $24,000. $46,000. The following information was taken from the Most Brilliant Professor Mullen Company's cash budget for the month of July: Beginning cash balance (BI) $300,000 Cash receipts (CRJ) 190,000 Cash disbursements (CDJ) 340,000 If the company has a policy of maintaining a minimum end of the month cash balance of $250,000, the amount the company would have to borrow is $100,000. $50,000. $150,000. $60,000