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: $32,000 $190,000 $48,000 ($8,000)