Arakaki Inc. is working on its cash budget for January. The budgeted beginning cash balance is $18,000. Budgeted cash receipts total $190,000 and budgeted cash disbursements total $189,000. The desired ending cash balance is $32,000. The excess (deficiency) of cash available over disbursements for January will be:

$17,000

$19,000

$208,000

$1,000