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Riff, Inc. is working on its cash budget for June. The budgeted beginning cash balance is $34,000. Budgeted cash receipts total $206,000 and budgeted cash

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Riff, Inc. is working on its cash budget for June. The budgeted beginning cash balance is $34,000. Budgeted cash receipts total $206,000 and budgeted cash disbursements total $205,000. The desired ending cash balance is $76,000. The excess (deficiency) of cash available over disbursements for June will be: $1,000. $35,000. $240,000. $33,000

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