D Question 6 Hilliard Company budgeted the following transactions for April: Sales (75% collected in month of sale) $200,000 Cash operating expenses $105,000 Cash purchases of investments $75,000 Cash payment of debt $15,000 Depreciation expense on assets $12,000 3.45 pts The beginning cash balance was $50,000. The company desires to have a $25,000 ending cash balance. What is the amount of the cash surplus or shortage? O $20,000 shortage O $40,000 shortage O $40,000 surplus O There is no surplus or shortage.