is this right?

Western Company is preparing a cash budget for June. The company has $10,300 in cash at the beginning of June and anticipates $31,700 in cash receipts and $37,900 in cash payments during June. Western Company has an agreement with its bank to maintain a minimum cash balance of $10,000. As of May 31 , the company has no loans outstanding. To maintain the $10,000 required balance, during June the company must: Multiple Choice Borrow $10,000. Repay $5,900. Borrow \$6,200. Repay $4,100. Borrow $5,900