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DEF Corporation has a cash balance of $18,000 on May 1

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DEF Corporation has a cash balance of $18,000 on May 1. DEF must maintain a minimum cash balance of $10,000. During May, expected cash receipts are $98,000. Cash disbursements during the month are expected to total $112.000. During May the company will need to borrow: $8,000 $2,000 $6,000 $4,000