Mosbey Inc. is working on its cash budget for June. The budgeted beginning cash balance is $25,000. Budgeted cash receipts total $197,000 and budgeted cash disbursements total $196,000. The desired ending cash balance is $43,000. The excess (deficiency) of cash available over disbursements for June will be:

$24,000

$26,000

$222,000

$1,000