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For the month of November, Patten Corporation. predicts total cash collections to be $1 million. Also for November, Patten Corporation. estimates that its beginning cash

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For the month of November, Patten Corporation. predicts total cash collections to be $1 million. Also for November, Patten Corporation. estimates that its beginning cash balance will be $50,000 and that it will borrow cash in the amount of $70,000. If Patten Corporation. estimates an ending cash balance of $30,000 for November, what must its projected cash disbursements be? Select one: a. $1,090,000 b. $1,120,000 c. $1,020,000 d. $1,070,000

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