Use the Following Information to Answer Questions

Multiple Choice

Use the following information to answer questions
Cyclone Inc. is a wholesaler of mattresses that began business on January 1. The company's sales policy requires 40% payment in the month of sale, 30% the next month, and 30% due the third month. Purchases will be paid 60% in the month of purchase and 40% in the following month. Cyclone expects to begin operations in January with $5,000 in cash. Cyclone's expected transactions from January to May are as follows:

-The budgeted available cash balance for February is

A) $ 8,000.
B) $13,000.
C) $30,000.
D) $35,000.
E) none of the above.