The Brady Company Has Budgeted the Following Activity for April

Multiple Choice

The Brady Company has budgeted the following activity for April:
Sales of $1,000,000 all in cash
The cost of goods sold is 75% of the selling price
Inventory purchases of $800,000 were paid for in cash
Selling and Administrative expenses are budgeted at $80,000 and are paid in cash in the period incurred.
Depreciation expense for April is budgeted at $14,000
The cash balance at March 31^st is $45,000
The budgeted cash balance at the end of April will be:

A) $165,000
B) $120,000
C) $151,000
D) $(85,000)