Question: Stem Group LLC has the following information for the first quarter of 2021; Total Cash Collections: $4,000 Total Cash Disbursements: $7,000 Beginning Cash Balance: $2,000

Stem Group LLC has the following information for the first quarter of 2021; Total Cash Collections: $4,000 Total Cash Disbursements: $7,000 Beginning Cash Balance: $2,000 Stem Group likes to start each quarter with at least $3,000 in beginning cash. Does Stem Group LLC need additional financing at the end of Q1? If yes, how much? A. Yes, 54,000 B. Yes, $1,000 C. No. D. Yes, 56,000

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