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Laurey Inc. is working on its cash budget for May. The budgeted beginning cash balance is $46,000 Budgeted cash receipts total $130,000 and budgeted cash

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Laurey Inc. is working on its cash budget for May. The budgeted beginning cash balance is $46,000 Budgeted cash receipts total $130,000 and budgeted cash disbursements total $125,000. The desired ending cash balance is $62,000. To attain its desired ending cash balance for May, the company needs to borrow: O so O $1000 O $62,000 O $113,000

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