Team sports requires a minimum monthly cash balance remain in the bank of $10,000. For the first month of July: Opening cash balance, July 1 - $20,000 Anticipated receipt, July - $120,000 Anticipated disbursement, July - $150,000 What is the anticipated ending cash balance at July 31st? Does team sports need to borrow (finance) in order to maintain the minimum ending balance? If yes, how much? What type of budget is a cash budget (operating or financial)? What's financial statement does this budget related to