Southland Company is preparing a cash budget for August. The company has $16,900 cash at the beginning of August and anticipates $123,000 in cash receipts and $134,400 in cash payments during August. Southland Company wants to maintain a minimum cash balance of $10,000. The preliminary cash balance at the end of August before any loan activity is: Multiple Choice $26,900 $15,500 $139,900 $5,500 ($11,400)