Question 4 (2.5 points) ABC Manufacturing Company is working on its cash budget for August. The budgeted beginning cash balance is $46,000. Budgeted collections from customers total $175,000 and budgeted cash disbursements for operating costs total $154,000. In addition, the company plans on purchasing for cash equipment during August for $20,000. The desired ending cash balance is $50,000. The excess (deficiency) of cash available over disbursements for August will be: $1,000 O $47.000 $45,000 $67,000