Find the ending cash balance for the month of June. Explain ?

A venture has a beginning cash balance of $50,000. The total cash available for needs before financing for June is $300,000 and it includes the beginning cash and cash receipts form collections of accounts receivable. It needs for disbursements a total of $600,000 for the month of June including a minimum desired cash balance of $40,000. If there is any deficit in cash, then it finances it via a bank loan or line of credit. Find the ending cash balance for the month of June. $40,000 $0 $40,000 $35,000 $50,000 $25,000 Assume for ABC venture, the ending beginning inventory for July is $10.87M and 9.68M respectively. The sales forecast and for July is $20M. The cost of goods sold for all months is 60%. Find the purchases for July