Muecke Inc. is working on its cash budget for April. The budgeted beginning cash balance is $40,000. Budgeted cash receipts total $150,000 and budgeted cash disbursements total $158,000. The desired ending cash balance is $50,000 The excess (deficiency) of cash available over disbursements for April will be Select one a. $32,000 b. $190,000 c. $48,000 d. ($8,000) Ofarrell Corporation, a company that produces and sells a single product, has provided its contribution format income statement for March. Sales (5,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $205,000 125,000 80,000 62,400 $17,600 If the company sells 5,400 units, its net operating income should be closest to: Select one a. $19,008 b. $17,600 c. $24,000 d. $34,000