Northern company is preparing a cash budget for june. the company has $12,000 cash at the beginning of juneand anticipates $30,000 in cash receipts and $34,500 in cash disbursements during june. northern company hasan agreement with its bank to maintain a cash balance of at least $10,000. as of may 31, the company owes$15,000 to the bank. to maintain the $10,000 required balance, during june the company must: a) borrow $ 4,500.b) borrow $ 2,500.c) borrow $10,000.d) repay $ 7,500.e) repay $ 2,500.