MC.22-145 MY ALGO - Cash Budget A company is preparing its cash budget. Its cash balance on January 1 is $400,000, and it has a minimum cash requirement of $268,000. The following data have been provided: January February March Cash receipts $964,000 $836,000 $432,000 Cash payments 941,000 855,000 768,000 W10 - Budgeting Exercise #5.docx What is the amount of the deficiency or excess cash (after considering the minimum cash balance required) for February? $______________ Deficiency or Excess (Circle)