On May 1,your Firm Had a Beginning Cash Balance of $175.Your

On May 1,your firm had a beginning cash balance of $175.Your sales for April were $430 and your May sales were $480.During May,you had cash expenses of $110 and payments on your accounts payable of $290.Your accounts receivable period is 30 days.What is your firm's beginning cash balance on June 1?

A) $145
B) $155
C) $205
D) $215
E) $265