The Arkansas Company makes and sells a product called Product K. Each unit of Product K sells for $28 and has a unit variable cost of 520 . The compary has the following budgeted data for Novernber: - Sales of $1,192,200, all in cash. - A cash balance on November 1 of $52.400. - Cash disbursements (other than interest) during November of $1,200.000 - A minimum cash balance on November 30 of $68,000. If necessary. the company will borrow cash from a bank, The borrowing will be in multiples of $1,000 and will bear interest at 3 is per month. All borrowing vill tike place at the beginning of the month. The November interest will be paid in cash during November. The amount of cash needed to be borrowed on November 1 to cover all cash disbursements and to obtain the desired Novernber 30 cash balurice is. (Aound up your answer to nearest multiple of $1,000. Muitiole choice 544,000 $43000