In April, a firm had an ending cash balance of E35,000. In May, the firm had total cash receipts of E40,000 and total cash disbursements of E50,000. The minimum cash balance required by the firm is E25,000. At the end of May, the firm had Select one: O a. required financing of E10,000. O b. an excess cash balance of EO. O c. required financing of E25,000. O d. an excess cash balance of E25,000. Clear my choice