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A company is preparing its cash budget for the coming month. All sales are on account. Given the following: Budget Amounts Beginning Balances $ 194,000

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A company is preparing its cash budget for the coming month. All sales are on account. Given the following: Budget Amounts Beginning Balances $ 194,000 204,000 Cash Accounts Receivable Sales Cash disbursements Depreciation Ending accounts receivable balance $ 920,000 1,020,000 37,000 234,000 What is the expected cash balance of the company at the end of the coming month? (CIA adapted) Multiple Choice O $24.000. O $64.000

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