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Roberts Supply, Inc provides the following data taken from its third quarter budget Jul $81,000 Aug $65,000 Sep $56,000 Cash collections Cash payments Purchases of

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Roberts Supply, Inc provides the following data taken from its third quarter budget Jul $81,000 Aug $65,000 Sep $56,000 Cash collections Cash payments Purchases of direct materials Operating expenses Capital expenditures 29,000 51,000 9,000 0 25,000 20,000 6,000 19,000 33,000 The cash balance on June 30 is projected to be $14,000. Based on the above data, calculate the cash balance the company is projected to have at the end of September O A. $51,000 O B. $19,000 O C. $24,000 O D. $75,000

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