it is urgent question 13

The following information was gathered in order to prepare a cash budget for the month of November Budgeted cash receipts from sales = $10,500 Budgeted cash payments = $12,500 Beginning cash balance = $2,700 Minimum cash balance at the end of the month must be = $1,400 or the company must borrow funds Select the correct answer below for this scenario O a The balance before borrowing is $1,400 and no funds needed to be borrowed Ob The ending cash balance is $700 after borrowing $700 O c The balance before borrowing is $700 and no cash needed to be borrowed Od The ending cash balance is $1.400 after borrowing $700