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Normal 1 No Spac... . Heading1 Heading2 Title Subtitle Subtle Em... .Emphasis Intense E 1 Styles Expected monthly collection and disbursement information for the month

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Normal 1 No Spac... . Heading1 Heading2 Title Subtitle Subtle Em... .Emphasis Intense E 1 Styles Expected monthly collection and disbursement information for the month of April for Rayman Co. are shown below: Cash collections from Sales and Accounts Receivable Cash disbursements for Accounts Payable Cash Disbursement for Payroll and Other Expenses Interest Earned on the Savings Account Dividends Paid The ending cash balance as of March 31 is budgeted to be 412,000. If a minimum cash balance of 410,000 is required, Raymar will: $45,000 37,000 70,000 2,000 4,000 C a.Need to borrow $74,000 b. Have excess cash of $A5,000 c. Need to borrow $62,000 d. Have excess cash of $8,000 C ?(CtrO

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