The following information is drawn from Royal Industries' cash budget: Cash Receipts Beginning Cash Balance Cash Payments Desired Ending Cash Cushion $40,800 $18,000 $50,400 $13,000 If there is a cash shortage, the company borrows money. If a surplus occurs funds are used to repay loans or to Invest in short-term assets. The company had no debt before January 1st. The amounted "needed" to borrow or the amount "available" for repayment of debt in January would be Multiple Choice $8,400 available. $4,600 needed. $21,400 available. $22,600 needed.