Sedita Incorporated is working on its cash budget for July. The budgeted beginning cash balance is $21,000. Budgeted cash receipts total $193,000 and budgeted cash disbursements total $192,000. The desired ending cash balance is $37,000. The excess (deficiency) of cash available over disbursements for July will be: Multiple Choice $214,000 $22,000 $20,000 $1,000