Martin's Inc. is preparing its cash budget and its planner has forecasted sales revenues and purchases as shown in the below table, also it has the following information regarding its budgeting 1- The firm collects 40% for cash in the same month and 60% one month after the sale. 2- The company pays 50% of its purchases in the same month and the remaining in the following month 3- Wages, are expected to be $60,000 per month 4- Taxes are expected to be $20,000 per month 5- A major capital expenditure (Or Capital Outlays) of $100,000 is expected in February 6- Beginning cash balance on January will be $30,000 and the Minimum Cash Balance is $20,000 Month (in 2019) December Sales (in 5) 266,667 Purchases (in 5) 120,000 January 200.000 210,000 February 350,000 270,000 March 450,000 210,000 April 350,000 150,000 7- The cumulative borrowing in March is equal to: * USD 85,000 O USD 135,000 USD 145,000 USD 155,000 None of the above