The following information was taken from Southgate Industry's cash budget for the month of July: Beginning cash balance $300,000 Cash receipts $190,000 Cash payments $340,000 If the company has a policy of maintaining a minimum end of the month cash balance of $250,000, the amount the company would have to borrow is A) $50,000. B) $100,000. C) $60,000. D) $150.000