On June 30, Alpha Company's cash balance is $4,000. Alpha is now preparing their cash budget for the third quarter of the year. The following data is provided: Cash budget Beginning cash balance Plus: Cash collections July $4,000 Aug Sep $6,958 49.000 $8,000 40,000 $48.000 50,000 Cash available $54.000 $55.958 Less: Cash payments Purchases of direct materials 31,000 12,000 13,000 22,000 17,100 Operating expenses Capital expenditures Interest expense at 5 % Less: Total cash payments 9,000 11,000 25,000 42 $56.042 0 0 104 $56.000 $28.204 OA. $7,754 O B. $55,958 O C. $22.754 D. $6,958 Capital expenditures Interest expense at 5% 13,000 25,000 42 104 Less: Total cash payments $56,000 $56,042 $(2,000) $(8,042) (5,000) (5,000) $(7.000) $(13.042) $28.204 $27,754 (5.000) $22.754 Ending cash balance before financing Minimum cash balance desired Cash excess/(deficiency) Financing Borrowing at end of month Principal repayments at end of month Total effects of financing Ending cash balance 10,000 15,000 $(20,000) (20,000) $7,754 10,000 15,000 $6,958 $8,000 The amount of cash that should be shown in the budgeted balance sheet as of September 30 would be OA. $7,754 O B. $55,958 O C. $22,754 D. $6,958