Jaborosa, Inc., a merchandising company, has provided the following budgeted amounts for the next bu

Jaborosa, Inc., a merchandising company, has provided the following budgeted amounts for the next budget period. Beginning cash balance $30,000 Cash collections 683,000 Payments for: Purchases of merchandise inventory 349,600 Selling and administrative expenses 70,600 Capital expenditures 88,500 A minimum cash balance of $250,000 is required to be maintained. The company can borrow in increments of $10,000 as and when required. Assume the company can borrow the needed funds at the end of the period. Calculate the ending cash balance for the budget period. O A. $713,000 O B. $733,000 O c. $204,300 OD. $254,300