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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 $170,000 200,000

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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 $170,000 200,000 Cash Accounts Receivable Sales Cash disbursements Depreciation Ending accounts receivable balance $900,000 980,000 35,000 230,000 What is the expected cash balance of the company at the end of the coming month? (CIA adapted) $22,500. $60,000 $68,000 $105,000

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