3.in the month of august, a firm had total cash receipts of $10,000, total cash disbursements of $8,000, depreciation expense of $1,000, a minimum cash balance of $3,000, and a beginning cash balance of $500. The excess cash balance (requiring financing) for august is a, required total financing of $500 b. required total financing of $2,500 c. excess cash balance of $500 d. excess cash balance of $5,500