Question: Question Completion Status: QUESTION 4 A company is preparing its cash budget. Its cash balance on January 1 is $290,000, and it has a minimum

Question Completion Status: QUESTION 4 A company is preparing its cash budget. Its cash balance on January 1 is $290,000, and it has a minimum cadi requirement of $340,000. The following data has been provided Cash receipts Cash payments January $1,061,200 98-4.500 February $1,182.400 1,210.000 March $1,091,700 1,075,000 What is the amount of the deficiency or excess cash (after conudering the monimum cash balance required) for January a deficiency of $136.700 b. excess of $26.700 cence of 560,000 d excess of 5356.700 5 poin QUESTIONS 5

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