Diemans Corp .has provided a part of its budget for the 2nd quarter: 
The cash balance on April 1 is $12,000. Assume that there will be no financing transactions or costs during the quarter. Calculate the cash balance at the end of June.
A) $26,500
B) $40,800
C) $85,700
D) $21,800
Correct Answer:
Verified
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