Forâ April, Anderson Antiques will have cash receipts ofâ $365,000 and cash disbursements ofâ $370,000. If its beginning cash isâ $4,000 and its desired reserve isâ $3,000, what will be its shortfall in cash for theâ month?
A. There is no shortfall in cash but an excess of cash.
B. ââ$3,000
C. ââ$5,000
D. ââ$4,000
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