Duffy Corp. has provided a part of its budget for the second quarter Apr May Jun $40,000 $45,000 $52,000 Cash collections Cash payments Purchases of direct materials Operating expenses Capital expenditures 7,0007,200 7.200 7.200 5,6007,200 4,0004,600 10,000 The cash balance on April 1 is $13,000. Assume that there will be no financing transactions or costs during the quarter. Calculate the transactions or costs during the quarter. Calculate the projected cash balance at O A. $34,800 OB. $90,000 O c. $62,400 D. S53.000 Cick to select your