Mosbey Inc. is working on its cash budget for June. The budgeted beginning cash balance is $27,000. Budgeted cash receipts total $199,000 and budgeted cash disbursements total $198,000. The desired ending cash balance is $47,000. The excess (deficiency) of cash available over disbursements for June will be:

$28,000

$1,000

$26,000

$226,000