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Sparks Corporation has a cash balance of $15.900 on April 1. The company must maintain a minimum cash balance of $13,000. During April expected cash

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Sparks Corporation has a cash balance of $15.900 on April 1. The company must maintain a minimum cash balance of $13,000. During April expected cash receipts are $62,000 Cash disbursements during the month are expected to total $73,000. Ignoring interest payments, during April the company will need to borrow - Multiple Choice o $8,100 o $4,900 o $13,000 o $11,000

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