Hamilton Industries must maintain a minimum cash balance of $37,000. At the beginning of February the company's cash balance was $66,000. The budget for February is as follows: Total cash receipts $220,000 Total cash disbursements $245,000 Depreciation $16,000 During February, how much will the company need to borrow?

A. $0

B. $25,000

C. $12,000

D.$41,000