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Kid Trax located in Madison, Wisconsin manufactures electric riding vehicles for children. Kid Trax is working on its cash budget for March. The budgeted beginning

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Kid Trax located in Madison, Wisconsin manufactures electric riding vehicles for children. Kid Trax is working on its cash budget for March. The budgeted beginning cash balance is $33,000 Budgeted cash receipts total $182,000 and budgeted cash disbursements total $191,000. The desired ending cash balance is $40,000 To attain its desired ending cash balance for March, the company needs to borrow Multiple Choice $0 $40,000 $16,000

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