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 $$367,000$ for November, $$337,000$ for December, and $$317,000$ for January.

Collections are expected to be $80\%$ in the month of sale and $20\%$ in the month following the sale.

The cost of goods sold is $80\%$ of sales.

The company desires to have an ending merchandise inventory equal to $50\%$ 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 $$26,400.$

Monthly depreciation is $$19,400.$

Ignore taxes.

$\backslash$table$[[\backslash$table$[[$Balance Sheet$],[$October $31]],,],[$Assets$],[$Cash$,,$$$24,100$