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

Roberts Supply,Inc.provides the following data taken from its third quarter budget: $$\begin{array} { | l | r | r | r | } \hline & { \textbf { Jul } } & { \textbf { Aug } } & { \textbf { Sep } } \\\hline \text { Cash collections } & \$ 82,000 & \$ 65,000 & \$ 60,000 \\\hline \text { Cash payments: } & & & \\\hline \text { Purchases of direct materials } & 48,000 & 29,000 & 50,000 \\\hline \text { Operating expenses } & 9000 & 16,000 & 20,000 \\\hline \text { Capital expenditures } & 0 & 32,000 & 6000 \\\hline\end{array}$$ The cash balance on June 30 is projected to be $11,000.Based on the above data,calculate the cash balance the company is projected to have at the end of September.

A) $8000
B) $24,000
C) $84,000
D) $76,000