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Sparks Corporation has a cash balance of $22,000 on April 1. The company must maintain a minimum cash balance of $10,000. During April, expected

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Sparks Corporation has a cash balance of $22,000 on April 1. The company must maintain a minimum cash balance of $10,000. During April, expected cash receipt are $108,000. Cash disbursements during the month are expected to total $122,0 Ignoring interest payments, during April the company will need to borrow: $6,000 $2,000 $4,000 $8,000

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