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Gard Company has $40,000 cash at the beginning of March and budgets $150,000 in cash receipts from sales and $200,500 in cash payments during March.

Gard Company has $40,000 cash at the beginning of March and budgets $150,000 in cash receipts from sales and $200,500 in cash payments during March. The company's preliminary cash balance is: Multiple Choice $190,000. $10,500. $(50,500). $(10,500). $110,000

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