(Answered) Problemmoria company has made the following estimates for

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Moria Company has made the following estimates for the month of December:

Cash sales $ 380,000

Beginning cash balance $ 30,000

Operating expenses* $ 420,000

Interest expense, which is included in operating expenses $ 12,000

Borrowings $ 50,000

End of period accrued liabilities, included in operating expenses $ 20,000

*Includes depreciation expense of $20,000

What is the projected ending cash balance?

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