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Berman Company is preparing its budget for the third quarter. Cash balance on July 3 1 was $ 3 4 , 0 0 0 .

Berman Company is preparing its budget for the third quarter. Cash balance on July 31 was $34,000. Assume there is no minimum balance of cash required and no borrowing is undertaken. Additional budgeted data are provided here:
\table[[,July,Aug,Sep],[Cash collections,$53,000,$54,000,$53,000
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