Fulkron Manufacturing Provides the Following Data Excerpted from Its 3rd

Fulkron Manufacturing provides the following data excerpted from its 3rd quarter budget: $\begin{array}{|l|l|r|r|} \hline&{\text { Jul }} & \text { Aug } &{\text { Sep }} \\\hline \text { Cash collections } & \$ 66,000 & \$ 42,000 & \$ 45,000 \\\hline \text { Cash payments: } & & & \\\hline \text { Purchases of inventory } & 50,000 & 48,000 & 25,000 \\\hline \text { Operating expenses } & 10,000 & 15,000 & 20,000 \\\hline \text { Capital expenditures } & 0 & 32,000 & 6,000\\\hline\end{array}$ The cash balance on June 30 is projected to be $10,000.
- Based on the above data, calculate the shortfall the company is projected to have at the end of August.

A) $32,000
B) $43,000
C) $37,000
D) $16,000