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Sportacus Buisness has a cash balance of 1 9 , 5 0 0 on April 1 . The company must maintain a minimum cash balance

Sportacus Buisness has a cash balance of 19,500 on April 1. The company must maintain a minimum cash balance of $16,000. During April expected cash receipts are $68,000. Cash disbursement during the month are expected to total $82,000. By Ignoring interest payments during April the company will need to borrow: multiple choice:A.$10,500, B.5,500, C.16,000 D.14,000

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