Asper Agguss Co. forecasts the following for each month of the second quarter (April, May, and June): credit sales $3,000; credit purchases $800; expenses for wages, benefits, and taxes $1,040; interest expense $123; and equipment purchases $200. The company expects to collect 50% of its credit sales in the month the sale is made and collect 47% of credit sales in the next month (%3 of credit sales will be lost to default). The company also pays all credit purchases in the month following the purchases. If the firm begins May with $1,435 in cash, how much cash will it have at the end of May? $ 3,850.25 $ 4,194.00 $ 2,182.00 $ 3,284.75 O $ 2,930.00