### How much mary need to borrow to maintain minimum balance

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Question - Mary's Bed and Breakfast needs to keep a cash balance of at least \$10,000. She has budgeted the following for the month of December:

Payments to suppliers \$5,000

Payments to employees \$4,000

Credit sales \$8,000

Cash collections \$7,500

Depreciation expense \$500

Other cash expenses \$1,000

Beginning cash balance \$11,000

How much will Mary need to borrow to maintain the minimum cash balance?

\$0

\$1,000

\$1,500

\$2,000

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