Question 8 Not complete Marked out of 10.00 Cash balance Flag question The following budgeted May cash information is available for Salado Corp.: Net after-tax income Depreciation expense $739,200 123,640 Accrued income tax expense 180,400 Increase in Accounts Receivable for month 17,600 Decrease in Accounts Payable for month 15,400 9,020 77,000 103,400 Estimated bad debts expense Dividends declared in May Dividends paid in May If Salado's May 1 cash balance is $50,600, what is the company's budgeted May 31 cash balance? $ 0