Answer:
A. 68,800
Explanation:
Cash balance at end of April is = Beginning cash balance on April 1st + Cash collection in April - Purchase of Materials in APril - Operating Expense in April - Capital Expenditures in APril = Â 14000 + 42000 - 7000 - 7000 - 5000 = 37000
Cash balance at end of May is = Beginning cash balance in May + Cash collection in May - Purchase of Materials in May - Operating Expense in May = 37000 + 45000 - 7200 - 6000 = 68,800