Question: Please show all work 1. BATELLE Inc. is preparing its cash budget for November. The budgeted beginning cash balance is $11,000. Budgeted cash receipts total

Please show all work

1. BATELLE Inc. is preparing its cash budget for November. The budgeted beginning cash balance is $11,000. Budgeted cash receipts total $126,000 and budgeted cash disbursements total $130,000. The desired ending cash balance is $20,000. The company can borrow up to $170,000 at any time from a local bank, with interest not due until the following month.

Required: Prepare the company's cash budget for November. Make sure to indicate what borrowing, if any, would be needed to attain the desired ending cash balance.

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