Sparks Corporation has a cash balance of $14,700 on April 1. The company must maintain a minimum cash balance of $12,000. During April, expected cash receipts are $60,000. Cash disbursements during the month are expected to total $70,000. lgnoring interest payments, during Aprilthe company will need to borrow Multiple Choice $7.300 $4,700 $12,000 $10,000