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Total cash collections for the month of March for Snowy Dog Adventures is expected to...

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Accounting

Total cash collections for the month of March for Snowy Dog Adventures is expected to be $1 million. Also for March, Snowy Dog. estimates that its beginning cash balance will be $50,000 and that it will borrow cash in the amount of $20,000. If Snowy Dog estimates an ending cash balance of $75,000 for March, what must its projected cash disbursements be?

1. $1,120,000

2. $1,050,000

3. $995,000

4. $1,090,000

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