I am not sure how to calculate this. Can you explain how this is done please?

Below are the to recasted cash receipts and cash payments for Kaden Company for the rst four months of the yea r. January February March April Budgeted cash collections 100,000 15,000 }'5,000 146,000 Budgeted cash payments: Operating expenses 12?,000 6?,000 92,000 120,000 Dividends 0 0 20,000 0 Equipment purchase 0 0 40,000 0 Total budgeted cash payments 12?,000 61000 152,000 120,000 On]anuary1.Kaden Company had a cash balance of$50.000. Kaden has a policy of maintaining a cash balance ofat least $10,000 atthe end of each month. How much must Kaden Company plan to borrow in F r a ? Cl $85,000 Cl $70,000 C1 $52,000 Cl $76,000 Cl $62,000