Diemans Corp. has provided a part of its budget for the 2^nd quarter: The cash balance on April 1 is $12,000. Assume that there will be no financing transactions or costs during the quarter. Calculate the cash balance at the end of May. $51,800 $40,800 $33,900 $21,800 Diemans Corp. has provided a part of its budget for the 2^nd quarter: The cash balance on April 1 is $12,000. Assume that there will be no financing transactions or cost during the quarter. Calculate the cash at the end of June. $26,500 $40,800 $85,700 $21,800