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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 $185,000 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 $185,000 and budgeted cash disbursements total $184,000. The desired ending cash balance is $30,000. The excess (deficiency) of cash available over disbursements for June will be:

$1,000

$17,000

$15,000

$201,000

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