The foreign exchange desk of a PNG bank starts the day with a balanced USD exchange position and a positive cash position of USD $10,000.$ They are required to maintain their balanced USD exchange position. During the day, the following transactions take place:

$\backslash$table$[[$Remitted by TT$,10,000],[$Sold a forward USD,$50,000],[$Settled a forward TT$,25,000],[$Received by TT$,30,000]]$

What action is required by the foreign exchange desk at the end of the day and what is the closing cash position?

A$.[]$ Buy a forward USD contract for USD$30,000-$ closing cash of USD$5,000$

B$.[]$ Buy a forward USD contract for USD$55,000-$ closing cash overdrawn by USD $45,000$

C$.[]$ Buy a forward USD contract for USD$25,000-$ closing cash of overdrawn by USD$5,000$

D$.[]$ Take no action $-$ closing cash of USD$5,000$