clyde, inc. has a cash balance of $ 20 comma 000$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: apr may jun cash collections $ 20 comma 000$20,000 $ 25 comma 000$25,000 $ 25 comma 000$25,000 cash payments: purchases of direct materials 5 comma 8005,800 5 comma 0005,000 4 comma 0004,000 operating expenses 5 comma 3005,300 5 comma 0005,000 4 comma 6004,600 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. $41,000 $35,000 $45,000 $25,000