Sedita Inc. is working on its cash budget for July. The budgeted beginning cash balance is $12,000. Budgeted cash receipts total $181,000 and budgeted cash disbursements total $180,000. The desired ending cash balance is $37,000. The excess (deficiency) of cash available over disbursements for July will be Multiple Choice $13,000 $193,000 $11,000 $1,000