Fulkron, Inc. provides the following data taken from its third quarter budget:

	Jul	Aug	Sep
Cash collections	67,000	$33,000	$42,000
Cash payments:
Purchases of direct materials	33,000	34,000	30,000
Operating expenses	12,000	20,000	24,000
Capital expenditures	0	33,000	6,000

The cash balance on June 30 is projected to be

$12,000.

Based on the above data, calculate the shortfall the company is projected to have at the end of August.