Mosbey Inc. is working on its cash budget for June. The budgeted beginning cash balance is $17,000. Budgeted cash receipts total $189,000 and budgeted cash disbursements total $188,000. The desired ending cash balance is $30,000. The excess (deficiency) of cash available over disbursements for June will be:

A.

$206,000

B.

$16,000

C.

$18,000

D.

$1,000