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Schlotz Brewery is preparing a cash budget for the month of March. They have gathered the following information: Payments to suppliers Payments to employees $30,000

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Schlotz Brewery is preparing a cash budget for the month of March. They have gathered the following information: Payments to suppliers Payments to employees $30,000 20,000 Cash collections 45,000 10,000 Depreciation expense Other cash expenses 12,000 They expect the cash balance to be $42,000 at the beginning of March, and their required minimum cash balance is $40,000. How much will the company need to borrow at the end of March to maintain their minimum cash balance? $15,000 O $25,000 O $2000 $53,000

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