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Neat Page Page 33 of 43 Previous Page Question 33 (1 point) Sparks Corporation has a cash balance of $18,000 on April 1. The company

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Neat Page Page 33 of 43 Previous Page Question 33 (1 point) Sparks Corporation has a cash balance of $18,000 on April 1. The company must maintain a minimum cash balance of $10,000. During April, expected cash receipts are $98,000. Cash disbursements during the month are expected to total $112,000. Ignoring interest payments during April the company will need to borrow: $8,000 $6,000 $4,000 $2,000

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