The Itsar Products Company has made the following monthly estimates of cash receipts and cash disbursements when preparing cash budgets for the next twelve months. Itsar Products has beginning cash on hand of $10,000 and wants to maintain this minimum cash level throughout the next year.

A. Determine whether Itsar Products will have a cash need during the next year.
B. If Itsar Products has a cash need, indicate the month when the need will begin and determine the month and amount when the maximum need will occur.
C. Determine whether the cash need (if any) can be repaid within the next year.

Cash Month Receipts $100,000 February $90,000 $80,000 $100,000 $120,000 $160,000 $200,000 August $250,000 September $250,000 October $200,000 November $140,000 December $100,000 Cash Disbursements $100,000 $110,000 $110,000 $150,000 $180,000 $180,000 $180,000 $180,000 $150,000 $110,000 $100,000 $100,000 March April May ums: July