Wise Company is preparing its cash budget for the upcoming month. The budgeted beginning cash balance is expected to be

$35,000. Budgeted cash disbursements are

$130,000, while budgeted cash receipts are

$127,000. Wise Company wants to have an ending cash balance of

$45,000. How much would Wise Company need to borrow to achieve its desired ending cash balance?

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Part 1

A.

$ 42 comma 000

$42,000

B.

$ 13 comma 000

$13,000

C.

$ 77 comma 000

$77,000

D.

$ 32 comma 000

$32,000