Aspirations, Inc. provides life coaching to its clients. As Aspirations is budgeting for December, the budgeted beginning cash balance Is $18,000. The company is budgeting cash receipts during December of $109,000 and cash disbursements of $94,000. Aspirations, Inc. desires an ending cash balance of $55,000, and they have made arrangements with a bank to borrow up to $60,000 when needed. The agreement stipulates that interest will not be due until the following month. Required: Prepare the Aspirations, Inc.'s cash budget for December. Include any borrowing needed to achieve Aspiration's desired ending cash balance.