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Sparks Corporation has a cash balance of $11.700 on April 1. The company must maintain a minimum cash balance of $9.500. During April, expected cash

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Sparks Corporation has a cash balance of $11.700 on April 1. The company must maintain a minimum cash balance of $9.500. During April, expected cash receipts are $55.000 Cash disbursements dunng the month are expected to total $62.500. Ignoring interest payments during April the company will need to borrow O $4.200 $5.300 $9.500 O $7.500

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