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Eudora, Inc. has a cash balance of $ 2 4 , 0 0 0 on April 1 . The company is now preparing the cash

Eudora, Inc. has a cash balance of $24,000 on April 1. The company is now preparing the cash budget for the second quarter. Budgeted cash collections and payments are as follows:
\table[[,Apr,May,Jun],[Cash collections,$22,000,$24,000,$26,000
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