The FGH Company makes and sells a product called CAHA. Each CAHA sells for P15 and has a unit variable cost of P10. The company has budgeted the following data for March: B Sales of P347,250, all for cash . A cash balance on March 1 of P30,000 . Cash disbursement (other than interest) during March of P363,200 A minimum cash balance on March 31 of P25,000 If necessary, the company will borrow cash from bank. The borrowing will be in multiple of P1,000 and will be interest at 1% per month. All borrowing will take place at the beginning of the month. The March interest will be paid cash during March. The amount of cash needed to be borrowed on March 1 to cover all cash disbursements and obtained the desired March 31 cash balance is: 14000 12000 13000 11000