a. The October 31 balance in the cash account is $54,215. b. All sales are on account. Sales in September were $970,000 and in October were $1,330,000. c. November sales are expected to be $2,175,000. d. In Khloe's experience, 70 percent of sales are collected in the month of sale and 26 percent are collected in the month following sale. The remaining credit sales are uncollectible. buying season. Fifteen percent of purchases are paid in the month of purchase, while the remainder is paid in the month following the purchase month. following month. g. Rent for office and warehouse space is $12,200 paid monthly in cash. h. Utilities average $5,800 per month and are paid in cash. i. In November, Khloe expects to pay employment taxes of $6,750. k. Other cash expenses for November are expected to be $41,500. Required: Prepare a cash budget for Khloe Company for the month of November. Prepare a cash budget for Khloe Company for the month of November