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Southland Company is preparing a coth budget for August

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Southland Company is preparing a coth budget for August. The company has $18,000 cash at the beginning of August and anticipates $122,800 in cash receipts and $135,500 in cash payments during August Southland Company wants to maintain a minimum cash balance of $10.000. The preliminary cash balance at the end of August before any loan activity is Mumie Choke $15.000 $140,300 1512,700) SS 300 520.000