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Fulkron, Inc. provides the following data taken from its third quarter budget Aas Jul 57.000 Sep $3.000 561.000 Cash collections Cash payments Purchases of direct

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Fulkron, Inc. provides the following data taken from its third quarter budget Aas Jul 57.000 Sep $3.000 561.000 Cash collections Cash payments Purchases of direct materials Operating experes Capital expenditures 52.000 12,000 0 49,000 19.000 35,080 25,000 23.000 6.000 The tash balance on June 30 is projected to be $11.000. Based on the above data calculate the shortfall the company is projected to have at the end of August, 5(48,000) 535.000 $14,000 $159,000)

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