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onstruct a shon-erm Snancial plan for Springfield Snowboards based on its expansion opportunity described in the "Positive Cash Flow xpendtures, marketing (SG&A) and working capital in Q1 and Q2 along with higher sales in Q2 04 Assume that Springfeld ends 2014 with $1 05 milion in cash and that its bank will offer t a short- term loan at the rate 2 25 Assume that the minimum cash balance to be maintained is $495 000 per quarter Cash Balance and Short-Term Financing (5000) 201301 201302 201303 201304 Starting Canh Balance Change in Cash and Equvaent Mnimam Cash Balance Surplus (Defict) Relative to Minimum Increase (Decreasej in Shon Term Financing Existing Sho-erm Financing otal Short erm Fancng Ending Cash Balan Select the best choice below) OA. They wil need to bomow $246000 for the thrd quater of 2013 and they will pay back the loan duning 04 of 2013 B. They wil need to bomow S246 OCO t, C. They eill need to boow 5246 000 forthe qua second quarter of 2013ardthey we pay back te iar, during as o,2013 of 2013 and they wl pay back the loan duning Q2 of 2013