Nobell. Inc. has a cash balance of $20,000 on April 1, 2015. They are now preparing the cash budget for the second quarter. Budgeted cash collections and payments are as follows: There are no budgeted capital expenditure or financing transactions during the quarter. Based on the above data, calculate the projected cash balance at the end of April. $35,700 $21,900 $46,100 $54,600 Fulkron Manufacturing provides the following date excerpted from its 3rd quarter budget: The cash balance on June 30 is projected to be $10,000. Based on the above data, calculate the shortfall the company is projected to have at the end of August. $32,000 $43,000 $37,000 $16,000