Chatelain Company is preparing its budget for the third quarter. The cash balance on June 30 was $ 30 comma 000$30,000. Additional budgeted data are provided here:

Jul Aug Sep Cash

cash collections $ 51 comma 000$51,000 $ 50 comma 000$50,000 $ 51 comma 000$51,000

Cash payments Purchases of direct materials 24 comma 00024,000 20 comma 00020,000 18 comma 00018,

Operating expenses 23 comma 00023,000 22 comma 00022,000 24 comma 00024,000

Capital expenditures 15 comma 00015,000 5 comma 0005,000 7 comma 0007,000

What amount should be shown in the cash budget for the cash balance at the end of July?

A.

$ 32 comma 000$32,000

B.

$ 113 comma 000$113,000

C.

$ 81 comma 000$81,000

D.

$ 19 comma 000$19,000