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Hiroko Corporation expects to collect cash receipts of $100,000 for January. Rack's policy is to avoid short-term financing. How much can Hiroko afford to pay

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Hiroko Corporation expects to collect cash receipts of $100,000 for January. Rack's policy is to avoid short-term financing. How much can Hiroko afford to pay on cash disbursements for product costs for January if the beginning cash for January is $75,000 and the company requires an minimum ending cash balance of $50,000 each month. Multiple Choice $125,000 $50,000 $175,000 $100,000

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