I need help with this question. Thank you

Use the information for the company below to answer the question that follow. A company is preparing its cash budget. Its cash balance on January 1 is $290,000, and it has a minimum cash requirement of $340,000. The following data have been provided: What is the amount of the deficiency or excess cash (after considering the minimum cash balance required) for 1 anuary? a. deficiency of $136,700 b. excess of $356.700 c. cucess of $26,700 4. excess of 560,000