Fulkron,Inc The Cash Balance on June 30 Is Projected to Be

Fulkron,Inc.provides the following data taken from its third quarter budget: $$\begin{array} { | l | r | r | r | } \hline &{ \text { Jul } } & { \text { Aug } } &{ \text { Sep } } \\\hline \text { Cash collections } & \$ 67,000 & \$ 41,000 & \$ 43,000 \\\hline \text { Cash payments: } & & & \\\hline \text { Purchases of direct materials } & 52,000 & 49,000 & 25,000 \\\hline \text { Operating expenses } & 12,000 & 19,000 & 23,000 \\\hline \text { Capital expenditures } & 0 & 35,000 & 6,000 \\\hline\end{array}$$ The cash balance on June 30 is projected to be $11,000.Based on the above data,calculate the shortfall the company is projected to have at the end of August.

A) $35,000
B) $(59,000)
C) $(48,000)
D) $14,000