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Rider Corporation is preparing its cash budget for November.The budgeted beginning cash balance is $51,000 Budgeted cashcollections (cash receipts) total $177,000 and budgeted cashdisbursements total

Rider Corporation is preparing its cash budget for November.The budgeted beginning cash balance is $51,000 Budgeted cashcollections (cash receipts) total $177,000 and budgeted cashdisbursements total $176,000. The company is required to maintain aminimum cash balance of $50,000. What will be the budgeted endingcash balance for the month?
A) $50,000
B) $52,000
C) $2,000
D) $102,000

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