Lyon Corp has provided a part of its budget for the second quarter APE May Jun Cash collections 542.000 543,000 $43.000 Cash payments Purchases of direct materials 7000 7000 7.200 Operating expenses 7200 7.000 4500 Capital expenditures 10,000 20 000 4.600 The cash balance on April 1s 513 000. Assume that there will be no financing transactions or costs during the quarter Calculate the projected cash balance at the end of June A. 566.500 OB. 582.800 OC. 530 800 OD. 539 800 Annou