At the Beginning of the Current Month, Melrose Had £10,000

Multiple Choice

At the beginning of the current month, Melrose had £10,000. Cash disbursements were £260,000 and cash collections were £235,000. Melrose invests all excess cash in a money market fund and has a line of credit to cover cash deficiencies. If Melrose wishes to start the next month with £15,000, Melrose must

A) borrow £15,000.
B) borrow £30,000.
C) borrow £45,000.
D) do nothing.