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Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget. a. Beginning cash

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Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget. a. Beginning cash balance on June 1, $95,900. b. Cash receipts from sales, $422,500, c Budgeted cash payments for purchases, $277,500 d. Budgeted cash payments for salaries, $96,900. e. Other budgeted cash expenses, $58.900. f. Cash repayment of bank loan, $33,900 g. Budgeted depreciation expense, $35,900. Multiple Choice $74,200. $15,300 $85,100. $110.100 $51,200

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