In the month of August, a firm had total cash receipts of (10,000, total cash disbursements of E8,000, depreciation expense of E1,000, a minimum cash balance of E3,000, and a beginning cash balance of E500. The excess cash balance (required financing) for August is Select one: O a. excess cash balance of E500. O b. required total financing of E500. O c. required total financing of E2,500. O d. excess cash balance of E5,500