Question: The Orlando Corporation is assembling information to determine its Cash Collection Budget for next year. Orlando has the following information it obtained for the third

The Orlando Corporation is assembling information to determine its Cash Collection Budget for next year. Orlando has the following information it obtained for the third quarter: a Beginning Cash Balance of $89,000, Collections from Customers of $12,500, Manufacturing Overhead cash disbursements of $15,750, Direct Labor Dollars of $30,000, Selling and Administrative cash disbursements of $5,000, and Direct Materials cash disbursements of $18,000. What is Orlando's Ending Cash Balance for Quarter 3 of next year? $68,750 $101,500 $32,750 $12,500

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