​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