Response to the following problem:
Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget.
a. Beginning cash balance on June 1, $94,000.
b. Cash receipts from sales, $413,000.
c. Budgeted cash disbursements for purchases, $268,000.
d. Budgeted cash disbursements for salaries, $95,000.
e. Other budgeted expenses, $57,000.
f. Cash repayment of bank loan, $32,000.
g. Budgeted depreciation expense, $34,000.