Roberts Supply, Inc. provides the following data taken from its third quarter budget: Jul Aug Cash collections $82,000 $65,000 Sep $59,000 Cash payments: Purchases of direct materials 48,000 28,000 48,000 Operating expenses 9,000 19,000 23,000 Capital expenditures 0 35,000 6,000 The cash balance on June 30 is projected to be $12,000. Based on the above data, calculate the cash balance the company is projected to have at the end of September. A. $77,000 B. $2,000 C. $79,000 D. $20,000