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MC.22-146 MY ALGO - Cash Budget A company is preparing its cash budget. Its cash balance on January 1 is $400,000, and it has a

MC.22-146 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 What is the amount of the deficiency or excess cash (after considering the minimum cash balance required) for March? $______________ Deficiency or Excess (Circle)

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