Your Company is working on its cash budget for July. The budgeted beginning cash balance is $50,000. Budgeted cash receipts total $160,000 and budgeted cash disbursements total $175,000. The desired ending cash balance is $50,000. What is the excess (deficiency) of cash available over disbursements for July? O $ 15,000 O $ 65,000 O $ 50,000 O $210,000 $ 35,000