jensen company is preparing a cash budget for the month of June. The following information is avalaible.

Cash balance, May 31, 2015 $ 10,000

Cash collection from customers in June $ 76,000

Cash paid for merchandise in June 42000

Paind operating expenses in June 17000

Purchase furniture for cash in June 5000

Depreciation expense in June 2000

Amortization expense in June 3000

The minum cash balance desired in $ 10000. What are the net cash receipts and disbursements for the month of June

A) 7000

B) 17000

C) 12000

D ) 10000