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Question 12 of 25 -11 a View Policies Current Attem 'n Progress During December, the capital budget indicates a $279800 purchase of equipment for cash.

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Question 12 of 25 -11 a View Policies Current Attem 'n Progress During December, the capital budget indicates a $279800 purchase of equipment for cash. The ending November cash balance is budgeted to be $40100. Cash receipts are $839200, and cash disbursements are $610600 during December. The company wants to maintain a minimum cash balance of $20900. What is the minimum cash loan that must be planned to be borrowed from the bank during December? O $32000 $11100 O $51200 O $0 Save for Later Last saved 59 minutes ago. Saved work will be auto-submitted on the due date. Attempts: 0 of 1 used Submit

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