A venture has a beginning cash balance of balance if 50,000. The total cash available for needs before financing for June is 300,000 and it includes the beginning cash and cash receipts form collections of accounts receivable. It needs for disbursements a total of 600,000 for the month of June including a minimum desired cash balance of 40,000. If there is any deficit in cash, then it finances it via a bank loan or line of credit. Find the ending cash balance for the month of June.