O'Rey, Inc has prepared its third quarter budget and provided the following data Aug Sep Cash collections $ 000 $39.000 546 000 Purchases of direct materials 30000 21.000 47.00 Dongenses 12.000 9.000 11.100 entures 13.700 24,000 C The chance on June 30 is projected to be 54200 The company has to maintaimum cash balance of 55.000 and is red toboothe end of each month o t her interest every month an annual rate of 5%. Al financing transactions we et to take place a nd of the mot Thelon balance should be read in increments of 55.000 whethe rectant and of September boo t r B 315.000 510.000 55.000 20 000 D