Berman Company is preparing its budget for the third quarter. Cash balance on July 31 was $30,000. Assume there is no minimum balance of cash required and no borrowing is undertaken Additional budgeted data are provided here! Aug Sep Cash collections $50,000 $52.000 $52,000 Cash payments Purchases of direct materials 25,000 22.000 19,000 Operating expenses 26,000 29.000 22,000 Capital expenditures 10,000 12.000 6,000 Calculate the projected balance of cash at the end of August A. $31,000 OB. $33,000 G. $19,000 OD. $115,000