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Franklin Inc. is working on its cash budget for July. The budgeted beginning cash balance is $26,000. Budgeted cash receipts total $198,000 and budgeted cash

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Franklin Inc. is working on its cash budget for July. The budgeted beginning cash balance is $26,000. Budgeted cash receipts total $198,000 and budgeted cash disbursements total $197.000. The desired ending cash balance is $45.000. The excess (deficiency of cash available over disbursements for July will be

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