Bustillo Incorporated is working on its cash budget for March. The budgeted beginning cash balance is $39,000. Budgeted cash receipts total $120,000 and budgeted cash disbursements total $114,000. The desired ending cash balance is $59,500. To attain its desired ending cash balance for March, the company needs to borrow:

A) $104,500
B) $14,500
C) $0
D) $59,500

Budgeted Cash Receipts

Projected cash inflows for a future period, based on sales forecasts and other receipts.

Ending Cash Balance

The amount of cash a company has at the end of a given financial period, reflecting all cash inflows and outflows.

Budgeted Cash Disbursements

An estimate of all cash payments that a business plans to make over a specific period, including operating expenses, purchase of assets, and other payouts.