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Wilson Company is preparing its cash budget for the upcoming month. The budgeted beginning cash balance is expected to be $ 4 0 , 0

Wilson Company is preparing its cash budget for the upcoming month. The budgeted beginning cash balance is expected to be $40,000. Budgeted cash receipts are $110,000, while budgeted cash disbursements are $127,000. Wilson Company wants to have an ending cash balance of $41,000. How much would Wilson Company need to borrow to achieve its desired ending cash balance?
A. $23,000
B. $18,000
C. $24,000
D. $64,000
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