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answer fast and show all calculations 23) Johnson Company has gathered the following information April 30, beginning cash balance $ 88,000 Dividends paid in May

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answer fast and show all calculations
23) Johnson Company has gathered the following information April 30, beginning cash balance $ 88,000 Dividends paid in May $ 24,000 Cash expenditures in May for operating expenses $ 73,500 Depreciation expense in May $ 9,000 Cash collections in May $178.000 Merchandise purchases paid in cash in May $112.400 Purchased equipment for cash in May $ 35,000 Johnson desires to keep a minimum cash balance of $ 20,000 Prepare a cash budget for May. What is Johnson Company's cash balance at the end of May to nearest dolar)

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