question 11, please and thank you!

Question Completion Status: $42,300. $31,800. QUESTION 11 Premier Company has budgeted the following information for June: Cash receipts Beginning cash balance Cash payments Desired ending cash balance $542,000 $ 10,000 $560,000 $ 50,000 If there is a cash shortage, the company borrows money from the bank. All cash is borrowed at the beginning of the month in $1,000 increments and interest is paid monthly at 1% on the first day of the following month. The company had no debt before June 1 The amount of interest paid on July 1 would be: $800. $580. $500. $442. QUESTION 12 Qualitative information is relevant when: it makes a difference in the decision only. it differs between the alternatives only. rence in the decision and it differs between the alternatives