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Tortilla Corp. has provided a part of its budget for the second quarter: The cash balance on April 1 is $14,000. Assume that there will

Tortilla Corp. has provided a part of its budget for the second quarter:

The cash balance on April 1 is $14,000. Assume that there will be no financing transactions or costs during the quarter. Calculate the projected cash balance at the end of May.

$51,800

$69,800

$54,000

$18,000

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