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

1. Beginning cash balance on June 1, $94,300.
2. Cash receipts from sales, $414,500.
3. Budgeted cash disbursements for purchases, $269,500.
4. Budgeted cash disbursements for salaries, $95,300.
5. Other budgeted cash expenses, $57,300.
6. Cash repayment of bank loan, $32,300.
7. Budgeted depreciation expense, $34,300.

Multiple Choice

• $77,400.
• $54,400.
• $86,700.
• $20,100.
• $111,700.