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Creative Cakes Bakery is budgeting cash for 2015. The cash balance at December 31, 2014,...

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Creative Cakes Bakery is budgeting cash for 2015. The cash balance at December 31, 2014, was $14,000. Creative Cakes Bakery budgets 2015 cash receipts at $83,000. Estimated cash payments include $42,000 for inventory, $32,000 for operating expenses, and $19,000 to expand the store. Creative Cakes Bakery needs a minimum cash balance of $13,000 at all times. Creative Cakes Bakery expects to earn net income of $78,000 during 2015. What is the final result of the company's cash budget for 2015? O A. $9,000 available for additional investments. B. Must arrange new financing for $9,000 O C. Pay off $18,000 of debt. OD. $18,000 available for additional investments

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