On June 30, Kahill Company's cash balance is $4,000, Kahlil is now preparing their cash budget for the third quarter of the year. The following data is provided Cash budget July Aug Sep Beginning cash balance $4,000 $8,000 $6,958 Plus Cash collections 50.000 40.000 49.000 Cash available $54.000 $48.000 $55.958 Les Cash payments A. 56,958 OB. 57.754 C$22,754 D. $55,958 Less: Cash payments Purchases of direct materials Operating expenses Capital expenditures Interest expense at 5% Less: Total cash payments Ending cash balance before financing 31,000 2,000 13,000 0 $56,000 $(2,000) 22,000 9,000 25,000 42 $56,042 $(8,042) 17,100 11,000 0 104 $28,204 $27.754 A. $6,958 B. $7,754 O c. $22,754 D. $55,958 $(2,000) $(8,042) (5.000) (5,000) $(7,000) $(13,042) $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 10,000 15,000 $(20.00) (20,000) 10,000 15,000 O A. $6,958 B. $7,754 OC. $22,754 OD. $55,958 Click to select your answer. Search or type URL 10,000 15,000 Financing Borrowing at end of month Principal repayments at end of month Total effects of financing Ending cash balance 10,000 $8,000 15,000 $6,958 $(20,000) (20,000) $7,754 The amount of cash that should be shown in the budgeted balance sheet as of September 30 would be O A. $6,958 B. $7,754 OC. $22,754 D. $55.958