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Mosbey Inc. is working on its cash budget for june. The budgeted beginning cash balance is $16,000. Budgeted cash receipts total $188,000 and budgeted cash

Mosbey Inc. is working on its cash budget for june. The budgeted beginning cash balance is $16,000. Budgeted cash receipts total $188,000 and budgeted cash disbursement total $187,000. The desired ending cash balance is $40,000. The excess (deficiency) of cash available over disbursement for June will be What?

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