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im stuck on this question Blueline Printing's board of directors was presented with the following information about operations for an upcoming three-month period. The board
im stuck on this question
Blueline Printing's board of directors was presented with the following information about operations for an upcoming three-month period. The board desires to declare a dividend at the end of June, but still maintain cash on hand of $350,000. Blueline began April with $78,000 of cash on hand. Prepare a cash budget, and determine how much cash will be available for the dividend. * Includes monthly depreciation of $100,000 Includes monthly depreciation of $25,000 Equipment purchase to be paid for in July Available for dividend $84,000 Available for dividend $94,000 \begin{tabular}{|l|l|l|} \hline Available for dividend & & $96,000 \\ \hline Available for dividend & & $97,000 \\ \hline \end{tabular} Available for dividend Step by Step Solution
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