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Alpine Products Company has made the following monthly estimates of cash receipts and cash disbursements...

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Accounting

Alpine Products Company has made the following monthly estimates of cash receipts and cash disbursements when preparing cash budgets for the next twelve months. Alpine Products has beginning cash on hand of $10,000 and wants to maintain this minimum cash level throughout the next year

Cash Cash

Month Receipts Disbursements

January $100,000 $100,000

February $90,000 $110,000

March $80,000 $110,000

April $100,000 $150,000

May $120,000 $180,000

June $160,000 $180,000

July $200,000 $180,000

August $250,000 $180,000

September $250,000 $150,000

October $200,000 $110,000

November $140,000 $100,000

December $100,000 $100,000

Determine whether the cash need (if any) can be repaid within the next year.

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