Steep Mountain Oil has a cash balance of $15and a short-term loan balance of $53 at the beginning of Q1. The net cash outflow for Q1of $39and for Q2 there is a net cash inflow of $23. All cash shortfalls are funded with short-term debt. The firm pays 1.1 percent of its prior quarter's ending loan balance as interest each quarter. The minimum cash balance is $15. What is the short-term loan balance at the end of the Q2?

a - $70.6

b - $81.3

c - $65.9

d - $67.7

e - $76.8