On June 30,Kahlil Company's Cash Balance Is $4,000 The Amount of Cash That Should Be Shown in the Preparing

On June 30,Kahlil Company's cash balance is $4,000.Kahlil is now preparing their cash budget for the third quarter of the year.The following data is provided: $\begin{array}{|l|c|c|c|}\hline \textbf{Cash budget} & \textbf{July} & \textbf{Aug} & \textbf{Sep} \\\hline \text{Beginning cash balance} & \$ 4,000 & \$ 8,000 & \$ 6958 \\\hline \text{Plus: Cash collections} & \underline{50,000} & \underline{40,000} & \underline{48,100}_{} \\\hline \text{Cash available} & \underline{\$ 54,000} & \underline{\$ 48,000} \quad & \underline{\$ 55,058} \\\hline \text{ Less: Cash payments } \\\hline \text{Purchases of direct materials} & 31,000 & 22,000 & 16,600\\\hline \text{Operating expenses} & 12,000 & 9,000 & 10,900\\\hline \text{Capital expenditures} & 13,000 & 25,000 & 0\\\hline \text{Interest expense at 5 \%} & \underline{0} & \underline{42} & \underline{104}\\\hline \text{Less: Total cash payments} & \underline{\$ 56,000} & \underline{\$ 56,042} \quad & \underline{\$ 27,604 }\\\hline \text{Ending cash balance before financing} & \$(2,000) & \$(8,042) & \$ 27,454 \\\hline \text{Minimum cash balance desired} & \underline{(5,000) }_{} & \underline{(5,000) } & \underline{(5,000) } \\\hline \text{Cash excess/(deficiency) }& \underline{\$(7,000) }_{}& \underline{\$(13,042) }& \underline{\$22,454}\\\hline \text{Financing}\\\hline \text { Borrowing at end of month } & 10,000 & 15,000 & \\\hline \text { Principal repayments at end of month } & \underline{~~~~~~~~~~~~}& \underline{~~~~~~~~~~~~}& \underline{\$(20,000) }_{} \\\hline \text { Total effects of financing } & 10,000 & 15,000 & (20,000) \\\hline \text { Ending cash balance } & \underline{\$ 8,000}_{} & \underline{\$ 6,958} & \underline{\$ 7454} \\\hline\end{array}$ The amount of cash that should be shown in the budgeted balance sheet as of September 30 would be ________.

A) $6958
B) $55,058
C) $7454
D) $22,454