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4) For June, Sandwich Corner will have cash receipts of $70,0000 and cash disbursements of $85,000. If its beginning cash is $10,000 and its desired

4) For June, Sandwich Corner will have cash receipts of $70,0000 and cash disbursements of $85,000. If its beginning cash is $10,000 and its desired reserve is $3,000, what will be its cash position (surplus/shortfall) for the month

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