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ABC Corp. has the following budgeted data for April, 2013 (in dollars): According to the company's policy, customers repay 60% of their debts in the

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ABC Corp. has the following budgeted data for April, 2013 (in dollars): According to the company's policy, customers repay 60% of their debts in the month of sales, and the rest is paid off next month. All purchases of materials are made on credit with 70% paid in month of purchase and the rest in the following month. All other expenses are paid in the month w en they are incurred. Operating expenses include $30,000 of depreciation. The company requires a minimum cash balance of $25,000. Compute the amount of cash available for ABC Corp. at the end of April or its cash deficit at that moment

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