Eagle Corporation is preparing its cash budget for December. The budgeted beginning cash balance is $50.000. Budgeted cash receipts total $150,000 and budgeted cash disbursements total $230,000. The desired ending cash balance is $90,000. The company can borrow up to $120,000 at any time from a local bank, with interest not due until the following month. Instruction 1. Determine the amount of borrowing, if any, that would be required to attain the desired ending cash balance. (2 marks) 2. Desci.be two benefits gained from budgeting. (2 marks) BI SE Paragraph 1- hp 4+ 10 & 15 A % 0 t3 * $ A