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Hela Sve Sum Southland Company is preparing a cash budget for August. The company has $16.900 cash at the beginning of August and anticipates 5123000

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Hela Sve Sum Southland Company is preparing a cash budget for August. The company has $16.900 cash at the beginning of August and anticipates 5123000 h receipts and $134.400 in cash payments during August Southland Company wants to maintain a minimum cash balance of $10.000. The preliminarych balance at the end of August before any loan activity is Multiple Choice $26.900 $139,900 $5,500 ($11.400)

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