July Aug Sep $36,000 $15,000 $19,000 $ 56,000 $51,000 45,800 92,000 $66,000 $64,800 Cash Budget Beginning cash balance Plus: Cash collections Cash available Less: Cash payments: Purchases of direct materials Operating expenses Capital expenditures Ending cash balance 36,000 9000 10,000 40,000 30,000 30.700 1000 8000 7000 $15,000 $19,000 $17,100 Subsequently, the marketing department revised its figures for cash collections. New data are as follows: $53,000 in July, $55,000 in August, and $44,000 in September. Based on the new data, calculate the new projected cash balance at the end of July. A) $12,000 B) $20,000 C) $16.300 D) $15.000