12 A company is preparing its cash budget for the coming month. All sales are on account. Given the following: Beginning Balances Budget Amounts Cash $ 50,000 3 Accounts Receivable 180,000 points Sales $ 800,000 2015.06 Cash disbursements 780,000 Depreciation 25,000 210,000 Ending accounts receivable balance What is the expected cash balance of the company at the end of the coming month? (CIA adapted) Multiple Choice $15,000 $70,000