As at October 31: 2022 ACME Incorporated has $30,000 cash on hand, $15000 in Accounts Receivable; and 55,000 in Accounts Pavable {to be paid in November). November budget information is as follows: - Sales of $250,000 of which 00% will be on account. It expects to collect 00% of its sales on account in the month of sale {the balance in the following month} and ?5% of its October receivables. - Purchases and labour amount to $120000 and $40000 respectivelv; ?0% of purchases are paid in the month incurred and labour costs are all paid in the month incurred. - ACME plans to acquire a new piece of equipment for $80,000 by way of an equipment loan: and to sell its old equipment for $0000 cash