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What is the expected cash budget amount for the month of December given the following information: Ending cash balance on November 30, $172,000. Cash repayment
What is the expected cash budget amount for the month of December given the following information:
- Ending cash balance on November 30, $172,000.
- Cash repayment of loan, $30,000.
- Other budgeted cash expenses, $75,000.
- Cash receipts from sales, $500,000.
- Depreciation of building and other equipment $87,000.
- Budgeted cash disbursements for purchases and salaries, $180,000 and $100,000 respectively.
Unable to determine without additional information.
$187,000
$200,000
$300,000
$287,000
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