For the Month of November,Whetzel Corporation

Multiple Choice

For the month of November,Whetzel Corporation.predicts total cash collections to be $1 million.Also for November,Whetzel Corporation.estimates that its beginning cash balance will be $50,000 and that it will borrow cash in the amount of $70,000.If Whetzel Corporation.estimates an ending cash balance of $30,000 for November,what must its projected cash disbursements be?

A) $1,090,000
B) $1,120,000
C) $1,070,000
D) $1,020,000