Bee Inc. is working on its cash budget for March. The budgeted beginning cash balance is $52,000. Budgeted cash receipts total $136,000 and budgeted cash disbursements total $131,000. The desired ending cash balance is $74,000. To attain its desired ending cash balance for March, the company needs to borrow:

= $17,000

Explanation:

The expected ending balance of cash for the period would be calculated as follows:

Expected Ending balance of cash = cash balance at the beginning + cash receipt for the period - cash disbursement

52,000 + 136,000 - 131,000= 57,000

The amount of borrowing to meet the desired cash balance

=$74,000  - $57,000

= $17,000

No Sorry, I have no idea who he is XD

Explanation: