Hutchinson, Inc. provides the following data taken from its third quarter budget Cash collections Jul $68,000 Aug $40,000 Sep $43,000 Cash payments: Purchases of direct materials Operating expenses 33,000 9,000 Capital expenditures 0 35,000 25,000 20,000 21,000 35,000 6,000 The cash balance on June 30 is projected to be $14,000. Based on the above data, calculate the shortfall the company is projected to have at the end of August OA. $10,000 OB. $40,000 OC. $35,000 OD. $19,000