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On January 1, Sheffield Corp. has a beginning cash balance of $286000. During the year, the company expects cash disbursements of $1070000 and cash receipts

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On January 1, Sheffield Corp. has a beginning cash balance of $286000. During the year, the company expects cash disbursements of $1070000 and cash receipts of $870000. If Sheffield requires an ending cash balance of $210000, Sheffield Corp. must borrow O $296000 O $486000. O $210000 O $124000

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