The Following Information Has Been Provided by Jared Incorporated

The following information has been provided by Jared Incorporated:
Budgeted sales for August and September are $120,000 and $140,000, respectively.
Budgeted inventory purchases for August and September are $60,000 and $84,000, respectively.
30% of purchases are paid for during the month of purchase and the remaining 70% are paid for during the subsequent month.
20% of sales are collected during the month of sale and the remaining 80% are collected during the subsequent month.
Variable operating costs are budgeted at 25% of sales. Fixed operating costs are budgeted at $36,000 monthly and include depreciation expense of $7,000. Operating costs are paid for in the month that they are incurred.
The cash balance on September 1st was $10,000. Jared's goal is to maintain at least a $10,000 cash balance. Jared can borrow cash in increments of $1,000.
How much will Jared have to borrow during September in order to maintain the $10,000 minimum cash balance?

A) $8,000
B) $1,200
C) $9,000
D) $8,200