Sundy Company Provided the Following Information for the Month of August

Multiple Choice

Sundy Company provided the following information for the month of August: $\begin{array}{ll}\text { Beginning cash balance } & \$ 7,000 \\\text { Cash receipts } & 549,000 \\\text { Cash disbursements } & 523,000\end{array}$ Sundy borrowed $15,000 and repaid $16,000 during the month.How much will Sundy's report on its budgeted balance sheet at August 31 for cash?

A) $32,000
B) $33,000
C) $26,000
D) $25,000