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On September 1st, Lowe's has a beginning cash balance of $44,000. During the year, the company expects cash disbursements of $1,040,000 and cash receipts of

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On September 1st, Lowe's has a beginning cash balance of $44,000. During the year, the company expects cash disbursements of $1,040,000 and cash receipts of $980,000. If Lowe's requires an ending cash balance of $50,000 for September, Lowe's must borrow $144,000. $34,000. $54,000. O $66,000

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