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the February cash budget for render company shows cash available of $60,000 and cash payment of $83,200. the firm must maintain a minimum cash balance

the February cash budget for render company shows cash available of $60,000 and cash payment of $83,200. the firm must maintain a minimum cash balance on $10,000 and can only borrow $1,000 increments. Borrowing for February would be budgeted as:

a.94,000

b. 10,000

c. 34,000

d. 24,000

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