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Zhang Industries is preparing a cash budget for June. The company has $26,000 cash at the beginning of June and anticipates $91,000 in cash receipts

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Zhang Industries is preparing a cash budget for June. The company has $26,000 cash at the beginning of June and anticipates $91,000 in cash receipts and $113,790 in cash disbursements during June. The company has no loans outstanding on June 1. Compute the amount the company must borrow, if any, to maintain a $19,000 cash balance Multiple Choice $15,790. $22,790. $22,210. $16,790. $8,790

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