Southland Compamy is preparing a cash budget for August. The company has $517,000$ cash at the beginning of August and anticipates $$120,800$ in cash receipts and $$134500$ in cash payments during August. Southland Compary is required to maintain a minimum cash balance of $$10,000$ at the end of each manth To maintain the minimum cash balarce of $$10,000$ at the end of August, the compary must borrow:

Select one:

a$.5700.$

b$.50.$

c$.$ $$6,700.$

d$.$ $$10,000.$

e $$27\mathrm{.}700.$