Saltine Company is preparing a cash budget for the month of June. The following information is available:

Cash Balance, May 31, 2017 $11,000

Cash collections from customers in June 43,000

Cash paid for land in June 10,000

Patent amortization expense in June 5,000

Cash paid for merchandise in June 20,000

Cash paid for operating expenses in June 20,000

Cash dividend paid in June 5,000

The minimum cash balance desired is $5,000. What is the deficiency of cash before financing at June 30, 2017?

A) $(5,000)

B) $(6,000)

C) $(11,000)

D) $(12,000)