Southland Company Is Preparing a Cash Budget for August

Southland Company is preparing a cash budget for August.The company has $17,000 cash at the beginning of August and anticipates $120,800 in cash receipts and $134,500 in cash payments during August.Southland Company wants to maintain a minimum cash balance of $10,000.The preliminary cash balance at the end of August before any loan activity is:

A) $13,300.
B) $137,800.
C) ($13,700) .
D) $3,300.
E) $27,000.