Jaborosa, Inc., a merchandising company, has provided the following budgeted amounts for the next budget period. Beginning cash balance $30,100 Cash collections 500,000 Payments for: Purchases of merchandise inventory 340,?00 Selling and administrative expenses ?0,000 l[Zap-ital expenditures 300,000 Aminimum cash balance of $30,000 is required to be maintained. The company can borrow in increments of $10,000 as and 1.Irhen required. Assume the company can borrow the needed funds at the end of the period. Calculate the ending cash balance for the budget period. {3 A. $239,500 C} a. $T1EJ,1IIJU O c. smegma} O o. season