Question 7 1 pts Pluto Company is preparing a cash budget for June. The company has $12,000 cash at the beginning of June and anticipates $30,000 in cash receipts and $34,500 in cash disbursements during June. Pluto has an agreement with its bank to maintain a cash balance of at least $10,000. As of May 31, the company owes $15,000 to the bank. Determine what the company should borrow or repay during June to maintain the $10,000 required balance-- you must show and label your work. Check figure: borrow $2,500