$12))$ Carver Lumber sells lumber and general building supplies to building contractors in a medium$-$sized town in Montana. Data regarding the store's operations follow:

Sales are budgeted at $$354,000$ for November, $$324,000$ for December, and $$304,000$ for January.

Collections are expected to be $90\%$ in the month of sale and $10\%$ in the month following the sale.

The cost of goods sold is $70\%$ of sales.

The company desires to have an ending merchandise inventory equal to $70\%$ of the following month's cost of goods sold. Payment for merchandise is made in the month following the purchase.

Other monthly expenses to be paid in cash are $$25,100.$

Monthly depreciation is $$16,800.$

Ignore taxes.

$\backslash$table$[[\backslash$table$[[$Balance Sheet$],[$October $31]],],[$Assets$],[$Cash$,$$$20,200$