g Tadeo Corp. has provided a part of its budget for the second quarter: Apr May Jun Cash collections $ 42 comma 000 $ 45 comma 000 $ 43 comma 000 Cash payments: Purchases of direct materials 7 comma 000 7 comma 200 7 comma 000 Operating expenses 7 comma 000 6 comma 000 4 comma 500 Capital expenditures 5 comma 000 0 10 comma 000 The cash balance on April 1 is $ 14 comma 000. Assume that there will be no financing transactions or costs during the quarter. Calculate the projected cash balance at the end of May. A. $ 68 comma 800 B. $ 56 comma 000 C. $ 13 comma 200 D. $ 82 comma 000
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