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Question 11 5 pts A company is preparing its cash budget. Its cash balance on January 1 is $308,312 and it has a minimum cash

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Question 11 5 pts A company is preparing its cash budget. Its cash balance on January 1 is $308,312 and it has a minimum cash requirement of $321,202. The following data has been provided: January February March Cash receipts $1,087,566 $1,279,963 $1,126,251 Cash payments 1,022,199 1,351,823 1,006,810 What is the amoukt of the deficiency or excess cash (after considering the minimum cash balance required) for January? (if a deficiency, use a-sign before your number answer)

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