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Pharoah Company provided the following information for the month of October: Beginning cash balance $ 35300 Cash receipts 460700 Cash disbursements 484300 Pharoah's policy is

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Pharoah Company provided the following information for the month of October: Beginning cash balance $ 35300 Cash receipts 460700 Cash disbursements 484300 Pharoah's policy is to keep a minimum end-of-the-month cash balance of $29700. How much will Pharoah need to borrow during October? O $18000 O $23600 O $11700 O $0

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