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Bagel Company is preparing its cash budget for the upcoming month. The beginning cash balance for the month is expected to be $10,000. Budgeted cash

Bagel Company is preparing its cash budget for the upcoming month. The beginning cash balance for the month is expected to be $10,000. Budgeted cash receipts are $80,000, while budgeted cash disbursements are $65,000. Bagel Company wants to have an ending cash balance of $35,000. The excess (deficiency) of cash available over disbursements for the month would be A. $25,000 B. $155,000 c. $(25,000) D. $100,000

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