Jaborosa, Inc., a merchandising company, has provided the following budgeted amounts for the next budget period Beginning cash balance $30,100 Cash collections 681,000 Payments for Purchases of merchandise inventory 350.000 Selling and administrative expenses 70,500 & Capital expenditures 308,900 A minimum cash balance of $30,000 is required to be maintained. The company can borrow in increments of $10,000 as and when required. Assume the company can borrow the needed funds at the end of the period. Calculate the ending cash balance for the budget period. A $31.700 5S B. S(18,300) O C. $711,100 D. $290,600