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Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget.
Beginning cash balance on June 1, $94,200.
Cash receipts from sales, $414,000.
Budgeted cash disbursements for purchases, $269,000.
Budgeted cash disbursements for salaries, $95,200.
Other budgeted cash expenses, $57,200.
Cash repayment of bank loan, $32,200.
Budgeted depreciation expense, $34,200.
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