Bramble Corporation is a small wholesaler of gourmet food products. Data regarding the store's operations follow:

Sales are budgeted at $$310,000$ for November, $$290,000$ for December, and $$280,000$ for January.

Collections are expected to be $60\%$ in the month of sale and $40\%$ in the month following the sale.

The cost of goods sold is $65\%$ of sales.

The company would like to maintain ending merchandise inventories equal to $55\%$ of the next 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 $$23,700.$

Monthly depreciation is $$14,700.$

Ignore taxes.

$\backslash$table$[[\backslash$table$[[$Balance Sheet$],[$October $31]]],[$Assets$,],[$Cash$,$$$21,500$