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 fol Sep July $4,000 50,000 $54,000 Aug $8,000 40,000 $48,000 $6,958 48.800 $55,758 Cash budget Beginning cash balance Plus: Cash collections Cash available Less: Cash payments Purchases of direct materials Operating expenses Capital expenditures Interest expense at 5% Less: Total cash payments 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 31,000 12000 13,000 0 $56,000 $(2.000) (5,000) $(7,000) 22,000 9,000 25,000 42 $56,042 $(8,042) (5,000) $(13,042 17,500 11,500 0 104 $29,104 $26,654 (5,000) $21,654 10,000 15,000 10,000 $8,000 15,000 $6,958 $(20,000) (20,000) $6,654 The amount of cash that should be shown in the budgeted balance sheet as of September 30 would be O $6,958 $21,654 $55,758 $6,654