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Eudora, Inc. has a cash balance of $22,000 on April 1 . The company is now preparing the cash budget for the second quarter. Budgeted

Eudora, Inc. has a cash balance of $22,000 on April 1 . The company is now preparing the cash budget for the second quarter. Budgeted cash collections and payments are as follows: There are no budgeted capital expenditures or financing transactions during the quarter. Based on the above data, calculate the projected cash balance at the end of June. A. $54,300 B. $42,000 C. $46,100 D. $32,100

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