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preparing a cash budget Dodger Stadium is preparing a cash budget for the month of June. The following information is available: Cash Balance, May 31

preparing a cash budget

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Dodger Stadium is preparing a cash budget for the month of June. The following information is available: Cash Balance, May 31 $60,000 Cash collections from customers in 35,000 June Cash paid for merchandise in June 8.000 Operating expenses paid in June 30,000 Payments to employees in June 20,000 Depreciation expense in June 10,000 The minimum cash balance desired is $50,000. How much will Dodger Stadium need to borrow at the end of June? O $35,000 O $23,000 O $13,000 O SO

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