The Miami Company is worried that it may not have enough cash at the end of the second quarter of next year to pay its bills. They have collected the following information (for the second quarter) from other budgeted financial statements to determine they will have to take a loan to meet their cash requirements: Direct Labor Dollars $26,000, Manufacturing Overhead Cash Disbursement $20,000, Beginning Cash Balance $40,000, Cash Collections from Customers $35,000, Direct Materials Cash Disbursement $28,000, Selling and Administrative Cash Disbursement $17,000, and Equipment Purchases Cash Disbursement $12,000. Will they have enough cash to pay their bills at the end of the second quarter? a.) No, Miami Company will have to take a loan for $28,000. b.) No, Miami Company will have to take a loan for $103,000. c.) Yes, Miami Company will have an excess of $75,000. d.) Yes, Miami Company will have an excess of $35,000