Southland Company is preparing a cash budget for August. The Company has $18,700 cash at the beginning of August and anticipates $124,200 in cash receipts and $137,900 in cash disbursements during August. Southland Company wants to maintain a minimum cash balance of $10.000. To maintain the minimum cash balance of $10,000, the company must borrow:

$0

$10,000

$5000

$8,700

$28,700