Question: please help Clyde, Inc. has a cash balance of $20,000 on April 1. The company is now preparing the cash budget for the second quarter.

Clyde, Inc. has a cash balance of $20,000 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 April. A. $32,700 B. $22,000 C. $38,000 D. $42,000
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