O'Reilly, Inc. has prepared its third quarter budget and provided the following data: Cash collections Jul $49,000 Aug Sep $39,600 $47,600 Cash payments: Purchases of direct materials Operating expenses 30,000 12,100 Capital expenditures 13,700 22,100 8,800 24,900 17,300 11,700 0 The cash balance on June 30 is projected to be $4,600. The company has to maintain a minimum cash balance of $5,000 and is authorized to borrow at the end of each month to make up any shortfalls. It may borrow in increments of $5,000 am has to pay interest every month at an annual rate of 4%. All financing transactions are assumed to take place at the end of the month. The loan balance should be repaid in increments of $5,000 whenever there is surplus cash. Calculate the amount of principal repayment at the end of September. A. $10,000 B. $20,000 C. $5,000 D. $15,000 Click to select your