Western Company is preparing a cash budget for June. The company has $11,400 in cash at the beginning of June and anticipates $30,600 in cash receipts and $35,700 in cash payments during June. Western Company has an agreement with its bank to maintain a minimum cash balance of $10,000. As of May 31, the company has no loans outstanding. To maintain the $10,000 required balance, during June the company must: O Repay $3,700. O Borrow $5,100. O Repay $6,300. O Borrow $3,700